Cal. Fin. Code § 7050

Current through the 2023 Legislative Session.

Section 7050 - Generally

An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.

Ca. Fin. Code § 7050

Added by Stats. 1983, Ch. 1091, Sec. 2.