Cal. FIN § 7050
This is the official text of Cal. FIN § 7050, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.
Status: in_force · Read it on the official government site
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