§ 7050 An association may issue savings accounts earning interest at …
§ 7051 An association may classify its savings accounts on any basis …
§ 7052 Except for accounts that are classified according to a specified …
§ 7053 (a) The date of investment in a savings account shall be the …
§ 7054 The board of directors, by resolution, may determine any of the …
§ 7055 The directors shall determine the method of calculating the amount of …

Terms Used In California Codes > Financial Code > Division 2 > Chapter 5 > Article 11 - Interest

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • department: means State Department of Health Services. See California Health and Safety Code 20
  • Dependent: A person dependent for support upon another.
  • Director: means "State Director of Health Services. See California Health and Safety Code 21
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Handicapped child: as used in this article , means a physically defective or handicapped person under the age of 21 years who is in need of services. See California Health and Safety Code 123830
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Services: as used in this article , means any or all of the following:

    California Health and Safety Code 123840

  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23