An association may issue net worth certificates in accordance with applicable regulations of the Office of Thrift Supervision or the Federal Deposit Insurance Corporation.
(Amended by Stats. 1990, Ch. 1118, Sec. 23.)
Fin. Code § 5624, under Issuance of Stock and Certificates.
Fin. Code § 5624
An association may issue net worth certificates in accordance with applicable regulations of the Office of Thrift Supervision or the Federal Deposit Insurance Corporation.
(Amended by Stats. 1990, Ch. 1118, Sec. 23.)