Financial Code section 5123


“Thrift institution” means an association, a cooperative bank, a homestead association, a building and loan association, a federal association, a federal savings bank, a state or federal credit union, an industrial loan company, and a supervised thrift and residential financing institution of a substantially similar nature.

Source: Section 5123, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=5123.­ (updated Jan. 1, 1983; accessed Jun. 16, 2025).

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Verified:
Jun. 16, 2025

§ 5123's source at ca​.gov