Section 5120.
Cal. Financial Code - FIN § 5120.
in effect“Statutory net worth” or “net worth” means the sum of the following:
(a)
Issued and outstanding capital stock.
(b)
Issued and outstanding capital certificates.
(c)
Paid-in surplus.
(d)
Retained earnings.
(e)
Pledged savings accounts of a mutual association with the approval of the commissioner.
(f)
General reserves and other amounts as the commissioner prescribes.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026