California Government Code

§ 7929.010

GOV § 7929.010 Effective Jan 1, 2022Div. 10 · Title 1 · Part 5 · Ch. 16

Statute text

(a)For purposes of this section, the following definitions apply:

(1)“Customer” means a person or entity that has transacted or is transacting business with or has used or is using the services of a public bank or a person or entity for whom the public bank has acted as a fiduciary with respect to trust property.

(2)“Investment recipient” means an entity in which the public bank invests.

…

Legislative history

Added by Stats. 2021, Ch. 614, Sec. 2. (AB 473) Effective January 1, 2022. Operative January 1, 2023, pursuant to Sec. 7931.000.