DecisionDepot
California legal research

California Financial Code

§ 1480

FIN § 1480 Effective Jan 1, 2012Div. 1.1 · Ch. 14 · Art. 3

Statute text

View on leginfo.ca.gov
For the purpose of this article:
(a)“Obligations” means the total sums for the payment of which a person is obligated, primarily or secondarily, to a commercial bank.
(b)Obligations of a person include obligations of others to a commercial bank arising out of loans made by the bank for the benefit of the person.
…

Legislative history

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

Source: California Financial Code § 1480 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.