California § 5606 - Prior to doing business in this state, an association shall obtain and maintain i
Full text of California Public Contract Code - PCC § 5606 — Prior to doing business in this state, an association shall obtain and maintain i, with citation guidance and answers to common questions.
§ 5606. Prior to doing business in this state, an association shall obtain and maintain i
(a) Prior to doing business in this state, an association shall obtain and maintain insurance of its savings accounts by the Federal Deposit Insurance Corporation. (b) Prior to doing business in this state, a foreign savings association, as defined in Sections 10000 and 10010, shall maintain insurance of its savings accounts by the Federal Deposit Insurance Corporation. (c) The commissioner may enforce any statutes pertaining to, or any regulations of, the Federal Deposit Insurance Corporation or the Office of Thrift Supervision insofar as those statutes and regulations apply to associations, and may enforce any and all other federal statutes and regulations applicable to associations.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5606
What does Public Contract Code - PCC § 5606 cover?
Section 5606 ("Prior to doing business in this state, an association shall obtain and maintain i") 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 § 5606?
A common citation format is "Public Contract Code - PCC § 5606" (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 § 5606 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.