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PANKO v. PAN AMERICAN FED. SAV. & LOAN ASSN.

Docket No. 47918.

119 Cal.App.3d 916 (1981)

174 Cal. Rptr. 240

STANLEY E. PANKO et al., Plaintiffs and Appellants, v. PAN AMERICAN FEDERAL SAVINGS AND LOAN ASSOCIATION et al., Defendants and Respondents.

Court of Appeals of California, First District, Division One.

June 1, 1981.

Attorney(s) appearing for the Case

COUNSEL

Donald M. Ahlbach, Timothy L. Newlove, Fred Crane and Mark A. Hiller for Plaintiffs and Appellants.

George Deukmejian, Attorney General, Arthur C. de Goede, Assistant Attorney General, Joseph M. O'Heron, Deputy Attorney General, Richard Mosk, John R. Hetland, Charles A. Hansen and W. Gary Kurtz as Amici Curiae on behalf of Plaintiffs and Appellants.

W.M. Pinney, Jr., J.T. Larson and Robert A. Seligson for Defendants and Respondents.

Hansen, Bridgett, Marcus, Vlahos & Stromberg, Michael A. Duncheon, Henry L. Judy, Maud Mater, Gary S. Smuckler, Marilyn E. Nathanson, Silver, Freedman, Housley, Taff & Goldberg, Daniel J. Goldberg, William T. Nachbaur and Matthew G. Ash as Amici Curiae on behalf of Defendants and Respondents.

OPINION

RACANELLI, P.J.

In this appeal we address the question whether the rule announced by our Supreme Court in Wellenkamp v. Bank of America (1978) 21 Cal.3d 943 [148 Cal.Rptr. 379, 582 P.2d 970] applies with equal force to a federally chartered savings and loan association. We hold that Wellenkamp...

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