§ 106.103. Payment of Interest upon Withdrawal.

Latest version.

An association may, upon the withdrawal of any sum evidenced by an investment certificate or share certificate, pay interest or dividend on such sum withdrawn for the period from the date of receipt to the date of withdrawal.

HISTORY

1. Change without regulatory effect renumbering former Section 213 to Section 106.103 (Register 87, No. 14). For prior history, see Register 83, No. 4.

Note

Note: Authority cited: Section 5255, Financial Code. Reference: Section 6560.1, Financial Code.

                    
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