California § 95508 - The financial institution in which an individual development account is establish
Full text of California Public Contract Code - PCC § 95508 — The financial institution in which an individual development account is establish, with citation guidance and answers to common questions.
§ 95508. The financial institution in which an individual development account is establish
The financial institution in which an individual development account is established shall: (a) Have no greater duties or responsibilities as to an individual development account than it has to any other savings account. (b) Have no duty or responsibility to any withdrawal restriction established in the contract between the participant and the service provider.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 95508
What does Public Contract Code - PCC § 95508 cover?
Section 95508 ("The financial institution in which an individual development account is establish") 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 § 95508?
A common citation format is "Public Contract Code - PCC § 95508" (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 § 95508 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.