DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 1. Short Title, General Definitions, and General Provisions 5000-5330›ARTICLE 2. General Definitions 5100-5124
§ 5123
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
“Thrift institution” means an association, a cooperative bank, a homestead association, a building and loan association, a federal association, a federal savings bank, a state or federal credit union, an industrial loan company, and a supervised thrift and residential financing institution of a substantially similar nature.
(Added by Stats. 1983, Ch. 1091, Sec. 2.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code