DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 7. Guarantee of Thrift Accounts 18475-18538›ARTICLE 3. Purpose and Scope of Guaranty Corporation 18520-18525

§ 18520

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand dollars ($50,000) for each account, subject to the express limitations provided in this chapter.

(Amended by Stats. 1985, Ch. 142, Sec. 27. Effective July 1, 1985.)

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California Financial Code

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