Statute · California Financial Code
Cal. Fin. Code § 1366 — Loans to Insiders
Cal. Fin. Code § 1366
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.
Citator
Cal. Fin. Code § 1366 — Loans to Insiders is in force in the current edition of the Code, and nothing recorded condemns it.
A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.