Section 1753.  


Latest version.
  • For purposes of this chapter, offices of foreign (other nation) banks are divided into classes and ranked in ascending order, as follows:

    (a) Representative office.

    (b) Nondepositary agency.

    (c) Depositary agency.

    (d) Limited branch office.

    (e) Wholesale branch office.

    (f) Retail branch office.

(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)