State Codes and Statutes

Statutes > California > Fin > 7720

FINANCIAL CODE
SECTION 7720



7720.  (a) An association may invest in tangible personal property,
including without limitation, vehicles, mobilehomes, machinery,
equipment, or furniture, and may hold the property for rental or
sale.
   (b) Investment under this section is limited to not in excess of
10 percent of the total assets of the association.


State Codes and Statutes

Statutes > California > Fin > 7720

FINANCIAL CODE
SECTION 7720



7720.  (a) An association may invest in tangible personal property,
including without limitation, vehicles, mobilehomes, machinery,
equipment, or furniture, and may hold the property for rental or
sale.
   (b) Investment under this section is limited to not in excess of
10 percent of the total assets of the association.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Fin > 7720

FINANCIAL CODE
SECTION 7720



7720.  (a) An association may invest in tangible personal property,
including without limitation, vehicles, mobilehomes, machinery,
equipment, or furniture, and may hold the property for rental or
sale.
   (b) Investment under this section is limited to not in excess of
10 percent of the total assets of the association.


Categories