Statute · California Financial Code

Cal. Fin. Code § 1424 — Disclosure of Delayed Availability Policy

Cal. Fin. Code § 1424

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The commissioner shall issue administrative regulations to define a reasonable time for permitting customers to draw on items received for deposit in the customer’s account. It is the public policy of this state to provide retail banking customers with the right to withdraw against items…

Citator

Cal. Fin. Code § 1424 — Disclosure of Delayed Availability Policy is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner shall issue administrative regulations to define a reasonable time for permitting customers to draw on items received for deposit in the customer’s account. It is the public policy of this state to provide retail banking customers with the right to withdraw against items deposited with any depository institution located in this state within a reasonable period of time.