GroundRules
FIN § 6203
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 3. Corporate Administration [6000. - 6477.]
- ARTICLE 5. Indemnity Bonds [6200. - 6204.]
(a) The amounts and form of indemnity bonds and sufficiency of the surety shall be approved by the board of directors and by the commissioner.
(b) In lieu of individual bonds, a blanket bond, protecting the association from loss through any act or acts of any director, officer, employee or agent, may be obtained.
(c) A true copy of every indemnity bond shall be on file at all times at the association’s home office.
Collected 2026-09-14T05:56:33Z. Source file · JSON