California § 7200 - No association shall invest in any security under this chapter, other than in liq

Full text of California Public Contract Code - PCC § 7200 — No association shall invest in any security under this chapter, other than in liq, with citation guidance and answers to common questions.

§ 7200. No association shall invest in any security under this chapter, other than in liq

No association shall invest in any security under this chapter, other than in liquid assets, or in any loan at any time if the association fails to meet the minimum liquidity requirements prescribed by Section 566.2 of Title 12 of the Code of Federal Regulations, unless the commissioner has issued prior written approval. “Liquid assets,” as used in this section, has the same meaning as defined by the regulations codified in Section 566.1 of Title 12 of the Code of Federal Regulations.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 7200

What does Public Contract Code - PCC § 7200 cover?

Section 7200 ("No association shall invest in any security under this chapter, other than in liq") 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 § 7200?

A common citation format is "Public Contract Code - PCC § 7200" (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 § 7200 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.