Statute · California Financial Code

Cal. Fin. Code § 328 — Commissioner of Financial Protection and Innovation

Cal. Fin. Code § 328

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

(a) The commissioner may make the agreements that he or she deems necessary or appropriate in exercising his or her powers.

Citator

Cal. Fin. Code § 328 — Commissioner of Financial Protection and Innovation is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The commissioner may make the agreements that he or she deems necessary or appropriate in exercising his or her powers.

(b) (1) The agreements authorized under subdivision (a) may include, but are not limited to, agreements with agencies of this state, of other states of the United States, of the United States, or of foreign nations that regulate financial institutions, relating to examinations of banks, savings associations, credit unions, industrial loan companies, and other matters.

(2) Any agreement with a government agency that regulates financial institutions is exempt from the advertising and competitive bidding requirements of the Public Contract Code.