California Financial Code

§ 1687

FIN § 1687 Effective Jan 1, 2012Div. 1.1 · Ch. 19 · Art. 2

Statute text

(a)In case a foreign (other state) state bank that maintains a California branch office is a commercial bank, in addition to other provisions of this division and Division 1 (commencing with Section 99) that are otherwise applicable to the bank, the following provisions of this division apply to the bank with respect to its business in this state as if the bank were a California state commercial bank:

(1)Chapter 10 (commencing with Section 1320).

(2)Chapter 12 (commencing with Section 1400).

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Legislative history

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