California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 1.1. BANKING |
Chapter 11. Agency Activities |
ARTICLE 2. California State Bank as Principal |
Section 1389.
Latest version.
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No office of an insured depository institution that is performing authorized agency activities as agent for a California state bank in accordance with this article shall, on that account, be deemed to be an office of the California state bank.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012. Note: See this section as modified in Governor's Reorganization Plan No. 2 of 2012.)