Section 5116 Of Article 2. General Definitions From California Financial Code >> Division 2. >> Chapter 1. >> Article 2.
5116
. "Savings account" means that part of the savings liability of
an association that is credited to the holder of the account. A
savings account may be referred to as a deposit. For the purposes of
Sections 6661, 6662, and 6663 and Article 4 (commencing with Section
6725) through Article 10 (commencing with Section 7000), inclusive,
of Chapter 5 of this division, the term "savings account" includes
shares, demand accounts, savings deposits and other savings accounts
of federal associations.