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California Financial Code

§ 1806

FIN § 1806 Effective Jan 1, 2014Div. 1.1 · Ch. 20 · Art. 3
(a)In addition to other provisions of this division and Division 1 (commencing with Section 99) that are otherwise applicable to or with respect to foreign (other nation) banks licensed to maintain nondepositary agencies, the following provisions of this division shall apply to or with respect to each foreign (other nation) bank licensed to maintain a nondepositary agency with respect to its business in this state as if the bank were a commercial bank organized under the laws of this state:
(1)Article 6 (commencing with Section 405) of Chapter 3 of Division 1.
(2)Chapter 6 (commencing with Section 550) of Division 1.

Legislative history

Amended by Stats. 2013, Ch. 334, Sec. 43. (SB 537) Effective January 1, 2014.

Source: California Financial Code § 1806 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.