California Financial Code

§ 1150

FIN § 1150 Effective Jan 1, 2012Div. 1.1 · Ch. 5 · Art. 4

Statute text

In determining for purposes of this division whether the shareholders’ equity of a bank or of a proposed bank is adequate, the commissioner shall consider:

(a)The nature and volume of the business of the bank;

(b)The amount, nature, quality, and liquidity of the assets of the bank;

…

Legislative history

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