{"code":"FIN","codeName":"Financial Code","section":"18520","citation":"Fin. Code, § 18520","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","url":"https://blackletter.si/financial-code/division-7"},{"name":"CHAPTER 7. Guarantee of Thrift Accounts [18475. - 18538.]","url":"https://blackletter.si/financial-code/division-7/chapter-7"},{"name":"ARTICLE 3. Purpose and Scope of Guaranty Corporation [18520. - 18525.]","url":"https://blackletter.si/financial-code/division-7/chapter-7/article-3"}],"history":"Amended by Stats. 1985, Ch. 142, Sec. 27.   Effective July 1, 1985.","effective":"1985-07-01","html":"<p>It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand dollars ($50,000) for each account, subject to the express limitations provided in this chapter.</p>","text":"It shall be the purpose of Guaranty Corporation to guarantee full payment of guaranteed accounts of members, exclusive of special members, up to fifty thousand dollars ($50,000) for each account, subject to the express limitations provided in this chapter.","otherVersions":[],"url":"https://blackletter.si/financial-code/purpose-and-scope-of-guaranty-corporation-18520","source":"California Legislative Information bulk export (pubinfo)"}