Ca_Law

statute | California

Financial Code - FIN - FIN § 7152

  • UIDca_leginfo_codes:fin-7152
  • CitationFinancial Code - FIN - FIN § 7152
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.

Text

The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 7152

    The redemption price of savings accounts redeemed shall be the full value of the account redeemed, as determined by the board of directors, but in no event shall the redemption price be less than the withdrawal value.