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California Financial Code

§ 410

FIN § 410 Effective Jan 1, 2012Div. 1 · Ch. 3 · Art. 6
As of the operative date of this section:
(a)The State Banking Fund is converted into a separate account in the Financial Institutions Fund and designated as the State Banking Account.
(b)All moneys and other assets and all liabilities of the State Banking Fund shall be transferred to the State Banking Account.

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

Source: California Financial Code § 410 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.