Statute · California Financial Code
Cal. Fin. Code § 1390 — California State Bank as Principal
Cal. Fin. Code § 1390
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the commissioner finds that any activity performed by an insured depository institution as agent for a California state bank is not an authorized agency activity or that the agency arrangement is inconsistent with safe and sound banking practices, the commissioner may order the California…
Citator
Cal. Fin. Code § 1390 — California State Bank as Principal is in force in the current edition of the Code, and nothing recorded condemns it.
If the commissioner finds that any activity performed by an insured depository institution as agent for a California state bank is not an authorized agency activity or that the agency arrangement is inconsistent with safe and sound banking practices, the commissioner may order the California state bank to terminate the agency arrangement.