GroundRules
FIN § 5864
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 2. Corporate Organization and Corporate Changes [5400. - 5868.]
- ARTICLE 10. Mutual Holding Companies [5860. - 5868.]
In connection with reorganization pursuant to the provisions of this article, a mutual association may, subject to the approval of the commissioner, retain capital assets at the holding company level to the extent that the capital exceeds adequate reserves as prescribed by state or federal law.
Collected 2026-09-14T05:56:33Z. Source file · JSON