California Financial Code ARTICLE 2 - Investment in Securities

• Section 7250.
  Notwithstanding any other provision of law, an association may invest in the following securities without limit, and in addition may invest not in excess of...
• Section 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...
• Section 7251.
  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...
• Section 7252.
  (a) Notwithstanding any other provisions of this chapter, an association may, subject to regulations of the commissioner, invest in the capital stock, obligations, or other securities...

Last modified: October 22, 2018