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California · Through 2026-09-13

FIN § 7720

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]
  3. CHAPTER 6. Investment Operations [7200. - 7800.]
  4. ARTICLE 10.5. Leasing [7720. - 7720.]

(a) An association may invest in tangible personal property, including without limitation, vehicles, mobilehomes, machinery, equipment, or furniture, and may hold the property for rental or sale.

(b) Investment under this section is limited to not in excess of 10 percent of the total assets of the association.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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