Financial Code section 6603

No member of a mutual association is responsible for any losses of the association, no savings account is subject to assessment, and no savings account holder is liable for any unpaid installments on the account.

Source: Section 6603, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=6603. (updated Jan. 1, 1983; accessed Dec. 1, 2025).

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Dec. 1, 2025

§ 6603's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_6603

Original Source: Section 6603, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=6603. (last accessed May 12, 2025).