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DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 1. Short Title, General Definitions, and General Provisions 5000-5330›ARTICLE 2. General Definitions 5100-5124

§ 5102

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

(a) “Association” or “savings association” means a mutual or stock savings association, savings and loan association or savings bank subject to the provisions of this division, but excluding a federal association.

(b) “Federal association” means a savings and loan association or federal savings bank that is chartered by the Office of Thrift Supervision under Section 5 of the Home Owners’ Loan Act of 1933 (12 U.S.C. Sec. 1464), as amended.

(Amended by Stats. 1990, Ch. 1118, Sec. 8.)

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California Financial Code

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