California Financial Code

§ 1681

FIN § 1681 Effective Jan 1, 2012Div. 1.1 · Ch. 19 · Art. 2

Statute text

Section 1680 does not prohibit:

(a)Any foreign (other state) state bank that does not maintain a California branch office from carrying on the activities described in subdivision (d) of Section 191 of the Corporations Code.

(b)Any foreign (other state) state bank that does not maintain a California branch office from making, in this state, loans secured by liens on real property located in this state.

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Legislative history

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