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Earlier editions: 2020-112018-11

DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 3. Corporate Administration 6000-6477›ARTICLE 7. Statutory Net Worth; Reserve Accounts 6475-6477

§ 6476

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

Each association shall set up and maintain the reserves required by, and may set up and maintain any additional reserves that are permitted by, this division.

The board of directors may make additional transfers to surplus or other reserve accounts.

(Added by Stats. 1983, Ch. 1091, Sec. 2.)

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California Financial Code

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