Ca_Law

statute | California

Financial Code - FIN - FIN § 7250.5

  • UIDca_leginfo_codes:fin-7250-5
  • CitationFinancial Code - FIN - FIN § 7250.5
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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 highest rating categories by at least one nationally recognized rating service.

Text

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 highest rating categories by at least one nationally recognized rating service.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 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 highest rating categories by at least one nationally recognized rating service.