§ 4823
58 words·~1 min read·
/ca/financial-code/4823A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
References in this division to shareholders’ equity mean shareholders’ equity determined in accordance with generally accepted accounting principles, subject
(a)in the case of California state banks or California industrial loan companies, to the provisions of Section 463, and
(b)in the case of California state savings associations, to the provisions of Division 2 (commencing with Section 5000).