California Financial Code

§ 5650

FIN § 5650Div. 2 · Ch. 2 · Art. 5

Statute text

Notwithstanding the provisions of subdivision (a) of Section 201 of the Corporations Code and Division 1 of the Financial Code, the name of every association shall include either the words “savings association,” “savings and loan association,” “savings bank” or such other designation as the commissioner may approve. These words shall be preceded by an appropriate descriptive word or words approved by the commissioner.

Legislative history

Amended by Stats. 1984, Ch. 868, Sec. 5.