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§ 7050 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Fin Code/
  5. Division 2 - Savings Association Law/
  6. Chapter 5 - Savings Operations/
  7. Article 11 - Interest/
  8. § 7050
California Legal Code

§ 7050

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7050. 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.(Added by Stats. 1983, Ch. 1091, Sec. 2.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=2.&title=&part=&chapter=5.&article=11.· Version 2026