DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 5. Savings Operations 6600-7154›ARTICLE 13. Redemption 7150-7154
§ 7152
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.
(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)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