§ 104.112. Connection Between Giveaways and Savings Accounts Prohibited.  


Latest version.
  • No association shall condition the distribution of a giveaway on the recipient's possessing, opening, or adding to a savings account, or maintaining a minimum balance therein.
HISTORY
1. Change without regulatory effect renumbering former Section 139 to Section 104.112 (Register 87, No.14). For prior history, see Register 82, No. 45.
2. Renumbering of former Section 104.112 to Section 104.110, and renumbering of Section 104.115 to Section 104.112 filed 4-13-88; operative 5-13-88 (Register 88, No. 18).

Note

Note: Authority cited: Section 8053, Financial Code. Reference: Sections 6523 and 6653, Financial Code.