California Financial Code ARTICLE 1 - Savings Liability

• Section 6600.
  The savings liability of an association shall consist only of the aggregate amount of its savings accounts, plus interest earned or credited to the accounts,...
• Section 6601.
  Except as limited by the association from time to time or by state or federal law or regulations, account holders may make additions to their...
• Section 6602.
  Savings accounts may be opened for cash or, subject to any limitations or restrictions in regulations issued by the commissioner, for property in which the...
• Section 6603.
  No member of a mutual association is responsible for any losses of the association, no savings account is subject to assessment, and no savings account...

Last modified: October 22, 2018