California Financial Code

§ 502

FIN § 502 Effective Jan 1, 2012Div. 1 · Ch. 5 · Art. 1

Statute text

(a)The commissioner may by order or regulation grant exemptions from this section in cases where the commissioner finds that the requirements of this section are not necessary.

(b)Each California state bank shall, within 90 days after the end of each fiscal year, or within such extended time as the commissioner may prescribe, file with the commissioner an audit report for the fiscal year.

(c)The audit report called for in subdivision (b) shall comply with all of the following provisions:

…

Legislative history

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