GroundRules
FIN § 7459
Where this section sits in the code
- Financial Code - FIN
- DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
- CHAPTER 6. Investment Operations [7200. - 7800.]
- ARTICLE 5. Investment in Loans [7450. - 7462.]
In addition to establishing reserves pursuant to Section 6476, an association or federal association, as defined in Section 5102, may establish a separate loan reserve account regarding losses resulting from fraud by a borrower and may recover any of those losses from that borrower.
Collected 2026-09-14T05:56:33Z. Source file · JSON