ARTICLE 1. Savings Liability [6600. - 6603.]

Article 1 added by Stats. 1983, Ch. 1091, Sec. 2.

§§ 6600–6603 · 4 sections

• § 6600 The savings liability of an association shall consist only of the aggregate amount of its savings accounts, plus interest earned or credited to the accounts,…
• § 6601 Except as limited by the association from time to time or by state or federal law or regulations, account holders may make additions to their savings accounts…
• § 6602 Savings accounts may be opened for cash or, subject to any limitations or restrictions in regulations issued by the commissioner, for property in which the…
• § 6603 No member of a mutual association is responsible for any losses of the association, no savings account is subject to assessment, and no savings account holder…