California Financial Code

§ 8500

FIN § 8500 Effective Sep 26, 1987Div. 2 · Ch. 8

Statute text

(a)Every federal association and the holders of stock, shares, share accounts, savings accounts, and certificate accounts issued by any federal association have all the rights, powers, and privileges, and are entitled to the same exemptions and immunities granted, respectively, to associations organized under the laws of this state and to the holders of their stock, membership accounts, and savings accounts.

(b)This section is in addition and supplemental to any provision that, by specific reference, is applicable to federal associations and their members or stockholders.

Legislative history

Repealed and added by Stats. 1987, Ch. 1162, Sec. 16. Effective September 26, 1987.