Cal. Code Regs. tit. 10 § 106.106

Current through Register 2024 Notice Reg. No. 52, December 27, 2024

Section 106.106 - Redemption of Investment Certificates

An association issuing investment certificates may provide that such certificates are not subject to redemption for an initial period after the issuance. The initial period shall not exceed ten years.

Cal. Code Regs. Tit. 10, § 106.106

1. Change without regulatory effect renumbering former Section 216 to Section 106.106 (Register 87, No. 14). For prior history, see Register 83, No. 4.

Note: Authority cited: Section 5255, Financial Code. Reference: Section 6564, Financial Code.

1. Change without regulatory effect renumbering former Section 216 to Section 106.106 (Register 87, No. 14). For prior history, see Register 83, No. 4.