DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 6. Investment Operations 7200-7800›ARTICLE 5. Investment in Loans 7450-7462
§ 7457
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
An association may make loans on the security of its savings accounts, whether or not the borrower is the owner of the account, subject to the limitations of this article.
(Added by Stats. 1984, Ch. 868, Sec. 11.2.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code