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California Financial Code

§ 1550

FIN § 1550 Effective Jan 1, 2012Div. 1.1 · Ch. 16 · Art. 1

Statute text

View on leginfo.ca.gov
No corporation shall engage in the trust business unless:
(a)Its articles comply with the requirements of subdivision (b), (d), or (e) of Section 1100; and
(b)It has received from the commissioner a certificate of authority pursuant to Section 1042 to engage in the trust business, or, if it is a bank, has received the authorization of the commissioner to engage in the trust business; and
…

Legislative history

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

Source: California Financial Code § 1550 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.