Financial Code § 18520

ARTICLE 3. Purpose and Scope of Guaranty Corporation

Current as of September 28, 2026Fin. Code, § 18520Official source ↗

Amended by Stats. 1985, Ch. 142, Sec. 27. Effective July 1, 1985.

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.