Statute · California Financial Code

Cal. Fin. Code § 1715 — Facilities of Uninsured Foreign (Other State) Banks

Cal. Fin. Code § 1715

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

An uninsured foreign (other state) bank that is licensed to maintain a facility may, subject to any regulations that the commissioner may prescribe, engage in any noncore banking business at the office but may not solicit deposits, receive deposits, pay checks, make loans, or otherwise conduct…

Citator

Cal. Fin. Code § 1715 — Facilities of Uninsured Foreign (Other State) Banks is in force in the current edition of the Code, and nothing recorded condemns it.

An uninsured foreign (other state) bank that is licensed to maintain a facility may, subject to any regulations that the commissioner may prescribe, engage in any noncore banking business at the office but may not solicit deposits, receive deposits, pay checks, make loans, or otherwise conduct core banking business at the office.