California Code
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 5 - Savings Operations

ARTICLE 1 - Savings Liability

Section 6600. - 6600. The savings liability of an association shall consist only...

Section 6601. - 6601. Except as limited by the association from time to...

Section 6602. - 6602. Savings accounts may be opened for cash or, subject...

Section 6603. - 6603. No member of a mutual association is responsible for...

ARTICLE 2 - Savings Accounts

Section 6651. - 6651. Except for savings accounts issued in marketable or bearer...

Section 6652. - 6652. (a) Upon the filing with an association by the...

Section 6653. - 6653. (a) No association shall, directly or indirectly, for the...

Section 6653.5. - 6653.5. (a) A troubled savings association may not accept funds...

Section 6660. - 6660. (a) For the purposes of this section: (1) “Account”...

Section 6661. - 6661. Notice to an association or federal association of an...

Section 6662. - 6662. Nothing in this chapter shall prohibit an association or...

Section 6663. - 6663. If any attachment is levied upon any savings account...

ARTICLE 3 - Contracts for Savings Programs

Section 6700. - 6700. An association may contract with the proper authorities of...

Section 6701. - 6701. An association may contract with any employer, as follows:...

Section 6702. - 6702. An association may pay commissions or fees in cash...

ARTICLE 4 - Powers of Attorney on Savings Accounts

Section 6725. - 6725. (a) Notwithstanding any other provision of law, an association...

ARTICLE 5 - Married Persons and Minors

Section 6750. - 6750. Except as otherwise expressly provided in this article, an...

Section 6751. - 6751. Any payment or delivery of rights to a married...

Section 6752. - 6752. (a) In the case of a minor, the receipt,...

ARTICLE 6 - Multiple-Party Accounts

Section 6800. - 6800. An account in an association or federal association that...

Section 6804. - 6804. No association or federal association paying any survivor in...

Section 6805. - 6805. The pledge or hypothecation to any association or federal...

ARTICLE 7 - Accounts of Administrators, Executors, Guardians, Custodians, Trustees, and Other Fiduciaries

Section 6850. - 6850. Any association may accept fiduciary savings accounts in the...

Section 6851. - 6851. (a) The withdrawal value of a fiduciary account, and...

Section 6852. - 6852. (a) Whenever a person holding an account in a...

Section 6855. - 6855. No association paying any fiduciary, beneficiary, or designated person...

Section 6856. - 6856. The provisions of this article apply to federal associations...

ARTICLE 8 - Accounts of Incompetents

Section 6900. - 6900. If an association or federal association has received no...

ARTICLE 9 - Accounts of Deceased Nonresidents

Section 6950. - 6950. (a) When a savings account is held in any...

Section 6951. - 6951. No action at law or in equity shall be...

ARTICLE 10 - Savings Accounts as Legal Investments and as Security; Public Funds

Section 7000. - 7000. (a) Administrators, executors, custodians, conservators, guardians, trustees, and other...

Section 7001. - 7001. (a) Whenever, under the laws of this state or...

Section 7002. - 7002. The provisions of this article supplement any and all...

ARTICLE 11 - Interest

Section 7050. - 7050. An association may issue savings accounts earning interest at...

Section 7051. - 7051. An association may classify its savings accounts on any...

Section 7052. - 7052. Except for accounts that are classified according to a...

Section 7053. - 7053. (a) The date of investment in a savings account...

Section 7054. - 7054. The board of directors, by resolution, may determine any...

Section 7055. - 7055. The directors shall determine the method of calculating the...

ARTICLE 12 - Withdrawals

Section 7100. - 7100. (a) Notwithstanding any other provision of law, but subject...

ARTICLE 13 - Redemption

Section 7150. - 7150. At any time funds are on hand for the...

Section 7151. - 7151. Except with the prior consent of the commissioner, no...

Section 7152. - 7152. The redemption price of savings accounts redeemed shall be...

Section 7153. - 7153. If the notice of redemption under Section 7150 has...

Section 7154. - 7154. (a) All certificates of ownership evidencing former savings accounts...