California § 5717 - The converted association shall have, hold, and enjoy the property mentioned in S
Full text of California Public Contract Code - PCC § 5717 — The converted association shall have, hold, and enjoy the property mentioned in S, with citation guidance and answers to common questions.
§ 5717. The converted association shall have, hold, and enjoy the property mentioned in S
The converted association shall have, hold, and enjoy the property mentioned in Section 5716 in its own right as fully and to the same extent as the property was possessed, held and enjoyed by it as a federal association and the converted association continues responsible for all of the obligations of the converted federal association to the same extent as though conversion had not taken place. The association is merely a continuation of the federal association under a new name and new jurisdiction and such revision of its corporate structure as is considered necessary for its proper operation under the new jurisdiction.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5717
What does Public Contract Code - PCC § 5717 cover?
Section 5717 ("The converted association shall have, hold, and enjoy the property mentioned in S") 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 § 5717?
A common citation format is "Public Contract Code - PCC § 5717" (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 § 5717 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.