California Financial Code 6508 – An association may become a member of, deal with, maintain reserves …
Current as of: 2024 | Check for updates
|
Other versions
An association may become a member of, deal with, maintain reserves or deposits with, or make reasonable payments or contributions to any organization or instrumentality whether government or private, to the extent that the organization or instrumentality assists in furthering or facilitating the association’s purposes, powers, services, or community responsibilities, and it may comply with any reasonable requirements or conditions of eligibility.
(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)