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California Financial Code

§ 1002

FIN § 1002 Effective Jan 1, 2012Div. 1.1 · Ch. 1
No bank shall be a close corporation (as defined in Section 158 of the Corporations Code).

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

Source: California Financial Code § 1002 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.