California Financial Code

§ 1384

FIN § 1384 Effective Jan 1, 2012Div. 1.1 · Ch. 11 · Art. 2

Statute text

Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a California state bank may, with the prior approval of the commissioner and subject to any regulations that the commissioner may prescribe, have an insured depository institution engage in authorized agency activities as its agent.

Legislative history

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