Cal. FIN § 18003.6

This is the official text of Cal. FIN § 18003.6, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Official statutory text

“Certificate of deposit” as that term is used by an industrial loan company licensed under this division means an investment certificate representing the obligation of an industrial loan company to repay a nondemand deposit as deposit is defined in Section 3(1) of the Federal Deposit Insurance Act.

Status: in_force · Read it on the official government site

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