DecisionDepot
California legal research

California Financial Code

§ 1366

FIN § 1366 Effective Jan 1, 2012Div. 1.1 · Ch. 10 · Art. 2

Statute text

View on leginfo.ca.gov
A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.

Legislative history

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

Source: California Financial Code § 1366 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.