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California Financial Code

§ 502

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

Statute text

View on leginfo.ca.gov
(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:
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Legislative history

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

Source: California Financial Code § 502 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.