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Earlier editions: 2020-112018-11

DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 5. Savings Operations 6600-7154›ARTICLE 11. Interest 7050-7055

§ 7050

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

An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.

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

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