Statute · California Financial Code
Cal. Fin. Code § 1810 — Agencies and Branch Offices
Cal. Fin. Code § 1810
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Each foreign (other nation) bank which is licensed to transact business in this state shall keep the assets of such business separate and apart from the assets of its business outside this state.
Citator
Cal. Fin. Code § 1810 — Agencies and Branch Offices is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Each foreign (other nation) bank which is licensed to transact business in this state shall keep the assets of such business separate and apart from the assets of its business outside this state.
(b) The creditors of the business in this state of a foreign (other nation) bank which is licensed to transact business in this state shall be entitled to priority over other creditors with respect to the assets of such bank’s business in this state.