Statute · California Financial Code

Cal. Fin. Code § 1783 — Representative Offices

Cal. Fin. Code § 1783

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

A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.

Citator

Cal. Fin. Code § 1783 — Representative Offices is in force in the current edition of the Code, and nothing recorded condemns it.

A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.