Statute · California Financial Code

Cal. Fin. Code § 1460 — General Provisions

Cal. Fin. Code § 1460

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

A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.

Citator

Cal. Fin. Code § 1460 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.