ARTICLE 2. Investment in Securities [7250. - 7252.]

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

§§ 7250–7252 · 4 sections

• § 7250 Notwithstanding any other provision of law, an association may invest in the following securities without limit, and in addition may invest not in excess of 5…
• § 7250.5 No savings association may directly or indirectly acquire or retain any corporate debt security unless the corporate debt security is rated in one of the four…
• § 7251 An association holding investments which have been approved by the commissioner shall not be required to dispose of them or to establish a reserve account if…
• § 7252 (a) Notwithstanding any other provisions of this chapter, an association may, subject to regulations of the commissioner, invest in the capital stock,…