Skip to content

Earlier editions: 2020-112018-11

DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 6. Investment Operations 7200-7800›ARTICLE 5. Investment in Loans 7450-7462

§ 7457

California Financial Code · 2026 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
▸Contents — California Financial Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.