California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 2. SAVINGS ASSOCIATION LAW |
Chapter 6. Investment Operations |
ARTICLE 2. Investment in Securities |
Section 7251.
Latest version.
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An association holding investments which have been approved by the commissioner shall not be required to dispose of them or to establish a reserve account if later the commissioner rescinds approval of the investments.
(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)