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California legal term

Savings and loan association in California Criminal Law

Current through 2026 California legislative session

In California criminal law, “Savings and loan association” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the California criminal code.

What does “Savings and loan association” mean in California criminal law?

“Savings and loan association” means any federal savings and loan association and any “insured institution” as defined in Section 401 of the National Housing Act, as amended, and any federal credit union as defined in Section 2 of the Federal Credit Union Act. (Cal. Penal Code § 1192.7)

Statutes defining or using this term

Related terms in the same statutes

This reference is informational and is not legal advice.