§ 7150 At any time funds are on hand for the purpose, an association shall …
§ 7151 Except with the prior consent of the commissioner, no association …
§ 7152 The redemption price of savings accounts redeemed shall be the full …
§ 7153 If the notice of redemption under Section 7150 has been given, and if …
§ 7154 (a) All certificates of ownership evidencing former savings …

Terms Used In California Codes > Financial Code > Division 2 > Chapter 5 > Article 13 - Redemption

  • department: means State Department of Health Services. See California Health and Safety Code 20
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • 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
  • 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