California Code
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 6 - Investment Operations

ARTICLE 1 - Required Liquidity

Section 7200. - 7200. No association shall invest in any security under this...

ARTICLE 2 - Investment in Securities

Section 7250. - 7250. Notwithstanding any other provision of law, an association may...

Section 7250.5. - 7250.5. No savings association may directly or indirectly acquire or...

Section 7251. - 7251. An association holding investments which have been approved by...

Section 7252. - 7252. (a) Notwithstanding any other provisions of this chapter, an...

ARTICLE 2.5 - Other Authorized Investments in Bonds and Securities

Section 7260. - 7260. Stock of a Federal Reserve bank. (Added by Stats....

Section 7261. - 7261. Bonds of the State of California and those for...

Section 7262. - 7262. Bonds of any flood control and water conservation districts,...

Section 7263. - 7263. Bonds of any other political subdivision, public corporation, or...

Section 7264. - 7264. Bonds or other evidences of indebtedness of, or which...

Section 7265. - 7265. Bonds of any irrigation district, water, storage district, water...

Section 7266. - 7266. Bonds, consolidated bonds, collateral trust debentures, consolidated debentures, or...

Section 7267. - 7267. Bonds, notes, or other obligations issued by the Federal...

Section 7268. - 7268. (a) Notes with a maturity not exceeding 15 months...

Section 7269. - 7269. In revenue securities of any state of the United...

Section 7270. - 7270. Bonds of any local public housing agency (as defined...

Section 7271. - 7271. Bonds secured by an insurance commitment of the Federal...

Section 7272. - 7272. Evidences of indebtedness of companies incorporated in the United...

Section 7273. - 7273. Fixed interest railroad bonds meeting the requirements of subdivisions...

Section 7274. - 7274. Bonds and debentures of gas, electric, or gas and...

Section 7275. - 7275. As used in this article, “funded debt” means all...

ARTICLE 3 - Investment in Business Property

Section 7300. - 7300. (a) Each association shall have power to invest in...

ARTICLE 4 - Purchase of Real Estate

Section 7350. - 7350. (a) An association may acquire and hold stock of...

ARTICLE 5 - Investment in Loans

Section 7450. - 7450. (a) An association may make any loan authorized by...

Section 7450.2. - 7450.2. Except with the prior written consent of the commissioner,...

Section 7451. - 7451. Except as otherwise provided by the commissioner, an association...

Section 7452. - 7452. (a) An association may make consumer loans, provided that...

Section 7453. - 7453. (a) An association may make, invest in, sell, purchase,...

Section 7454. - 7454. Each association is authorized to issue credit cards, extend...

Section 7455. - 7455. No association or director, officer, or employee of an...

Section 7456. - 7456. Any loan commitment made by an association shall be...

Section 7457. - 7457. An association may make loans on the security of...

Section 7458. - 7458. An association may make overdraft loans specifically related to...

Section 7459. - 7459. In addition to establishing reserves pursuant to Section 6476,...

Section 7460. - 7460. (a) Notwithstanding Section 726 of the Code of Civil...

Section 7461. - 7461. The provisions of any deed of trust or mortgage...

Section 7462. - 7462. The provisions of any deed of trust or mortgage...

ARTICLE 6 - Real Estate Loans

Section 7500. - 7500. (a) Subject to limitations, if any, within this chapter,...

Section 7501. - 7501. Each real estate loan shall be evidenced by a...

Section 7502. - 7502. (a) Each real estate loan shall be secured by...

Section 7503. - 7503. Except as specified by the loan contract or by...

Section 7504. - 7504. Notwithstanding any other provision of law, an association may...

Section 7505. - 7505. (a) Notwithstanding any other provision of law, an association...

Section 7505.5. - 7505.5. (a) A savings association may make loans the principal...

Section 7506. - 7506. Notwithstanding any other provision of the law, an association...

Section 7507. - 7507. (a) An association may make loans or advances of...

Section 7509. - 7509. (a) (1) At the time of origination, a real...

ARTICLE 7 - Successors in Interest in Loans

Section 7600. - 7600. In the case of any investment made by an...

ARTICLE 8 - Salvage of Loans and Investments

Section 7650. - 7650. (a) Except as provided in subdivision (b), nothing in...

ARTICLE 9 - Usury Exemption

Section 7675. - 7675. (a) Pursuant to the authority contained in Section 1...

ARTICLE 10 - Finance Leasing

Section 7700.3. - 7700.3. An association may engage in leasing activities that are...

Section 7701. - 7701. An association may become the legal or beneficial owner...

Section 7702. - 7702. (a) A lease of tangible personal property made to...

Section 7703. - 7703. For the purposes of this article: (a) A “net...

Section 7704. - 7704. If, in good faith, an association believes that there...

ARTICLE 10.5 - Leasing

Section 7720. - 7720. (a) An association may invest in tangible personal property,...

ARTICLE 11 - Hazard Insurance

Section 7800. - 7800. Subject to the provisions of Section 2955.5 of the...