California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 2. SAVINGS ASSOCIATION LAW |
Chapter 1. Short Title, General Definitions, and General Provisions |
ARTICLE 2. General Definitions |
Section 5102.
Latest version.
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(a) "Association" or "savings association" means a mutual or stock savings association, savings and loan association or savings bank subject to the provisions of this division, but excluding a federal association.
(b) "Federal association" means a savings and loan association or federal savings bank that is chartered by the Office of Thrift Supervision under Section 5 of the Home Owners' Loan Act of 1933 (12 U.S.C. Sec. 1464), as amended.
(Amended by Stats. 1990, Ch. 1118, Sec. 8.)