BlackletterCalifornia law

Financial Code § 7457

ARTICLE 5. Investment in Loans

Current as of September 28, 2026Fin. Code, § 7457Official source ↗

Added by Stats. 1984, Ch. 868, Sec. 11.2.

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.