Section 6652 Of Article 2. Savings Accounts From California Financial Code >> Division 2. >> Chapter 5. >> Article 2.
6652
. (a) Upon the filing with an association by the savings
account holder of record as shown by the books of the association, or
by the holder's legal representative, of an affidavit to the effect
that the evidence of account, if any, has been lost or destroyed, and
that the account has not been pledged or assigned in whole or in
part, the association shall issue a new evidence of account, if
applicable, in the name of the holder of record.
(b) The new evidence of account may state that it is issued in
lieu of the one lost or destroyed and that the association shall not
be liable for the loss or destruction of the original evidence of
account.
(c) The association may require an indemnification or a bond in an
amount it deems sufficient to indemnify the association against any
loss which might result from the issuance of a new evidence of
account under this section.