California § 1521 - A commercial bank accepting savings deposits shall provide by its bylaws or by co
Full text of California Public Contract Code - PCC § 1521 — A commercial bank accepting savings deposits shall provide by its bylaws or by co, with citation guidance and answers to common questions.
§ 1521. A commercial bank accepting savings deposits shall provide by its bylaws or by co
A commercial bank accepting savings deposits shall provide by its bylaws or by contract with its savings depositors the time and condition on which repayment is to be made to such depositors. The bank shall not waive any requirement of notice before payment of any savings deposit except as to all savings deposits. Whenever there is any call by savings depositors for repayment of a greater amount than the bank may have disposable for that purpose, the bank must not make any new loan or investment until such excess call has ceased.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1521
What does Public Contract Code - PCC § 1521 cover?
Section 1521 ("A commercial bank accepting savings deposits shall provide by its bylaws or by co") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1521?
A common citation format is "Public Contract Code - PCC § 1521" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1521 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.