Statute · California Financial Code

Cal. Fin. Code § 1466 — General Provisions

Cal. Fin. Code § 1466

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

A commercial bank may issue negotiable certificates of deposit transferable by endorsement and delivery and nonnegotiable certificates transferable only on the books of the bank.

Citator

Cal. Fin. Code § 1466 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

A commercial bank may issue negotiable certificates of deposit transferable by endorsement and delivery and nonnegotiable certificates transferable only on the books of the bank.