§ 7050
48 words·~1 min read·
/ca/financial-code/7050A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An association may issue savings accounts earning interest at different rates of return. The annual rate of return paid on a savings account may either be fixed at the time the account is issued or may vary on any basis specified at the time the account is accepted.