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§ 7251 — California Law | CourtGPT
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  5. Division 2 - Savings Association Law/
  6. Chapter 6 - Investment Operations/
  7. Article 2 - Investment in Securities/
  8. § 7251
California Legal Code

§ 7251

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7251. An association holding investments which have been approved by the commissioner shall not be required to dispose of them or to establish a reserve account if later the commissioner rescinds approval of the investments.(Repealed and added by Stats. 1983, Ch. 1091, Sec. 2.)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=6.&article=2.· Version 2026