Statute · California Financial Code

Cal. Fin. Code § 1465 — General Provisions

Cal. Fin. Code § 1465

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

A commercial bank may rediscount with, borrow money from, or hypothecate its assets as security for money borrowed from a Federal Reserve bank, the Federal Deposit Insurance Corporation, or the Federal Home Loan Bank.

Citator

Cal. Fin. Code § 1465 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

A commercial bank may rediscount with, borrow money from, or hypothecate its assets as security for money borrowed from a Federal Reserve bank, the Federal Deposit Insurance Corporation, or the Federal Home Loan Bank.