§ 104.110. Adequacy of Reserves.

Latest version.

Any advertisement, other than solely a balance sheet, concerning the dollar amount of reserves of an association shall also set forth the percentage ratio of said reserves to withdrawable savings accounts.

HISTORY

1. Change without regulatory effect renumbering former Section 137.2 to Section 104.110 (Register 87, No. 14). For prior history, see Register 82, No. 45.

2. Renumbering of former Section 104.110 to Section 104.108, and renumbering of Section 104.112 to Section 104.110 filed 4-13-88; operative 5-13-88 (Register 88, No. 18).

Note

Note: Authority cited: Section 8053, Financial Code. Reference: Section 6523, Financial Code.

                    
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