Cal. Gov. Code § 16631

Current through the 2024 Legislative Session.

Section 16631 - Conditions to obtain as high rates of interest as possible

In order to obtain as high rates of interest as possible, the contracts may contain any conditions necessary to conform with Section 5B of the Federal Home Loan Bank Act, as amended ( 12 USC Sec. 1425 (b) ), and with regulations established pursuant thereto by the Federal Home Loan Bank Board.

Ca. Gov. Code § 16631

Amended by Stats. 1977, Ch. 622.