Statute · California Financial Code

Cal. Fin. Code § 1802 — Agencies and Branch Offices

Cal. Fin. Code § 1802

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

No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.

Citator

Cal. Fin. Code § 1802 — Agencies and Branch Offices is in force in the current edition of the Code, and nothing recorded condemns it.

No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.