{"data":{"id":"us-ca/fin-7459","jurisdiction":"us-ca","citation":"FIN § 7459","heading":"","body":"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.","path":["Financial Code - FIN","DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","CHAPTER 6. Investment Operations [7200. - 7800.]","ARTICLE 5. Investment in Loans [7450. - 7462.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"3106e2f19f7b1c7a0b366f43d61b131983ec5e0ed993d809ceab26b0a55cf412","source_id":"us-ca","stale":false,"prev":"us-ca/fin-7458","next":"us-ca/fin-7460"},"notice":"GroundRules: Original legal text. Not legal advice."}