Section 10.3700 - Definition of "Applicant" and Scope(a) In this Subarticle, "applicant" means a California state commercial bank which applies to the Commissioner for authority to engage in trust business.(b) This Subarticle contains regulations relating to the establishment by an applicant of a trust department pursuant to Financial Code Section 1551. This Part contains general provisions relating to the establishment by an applicant of a trust department. Part 2 (commencing with Section 10.3750) of this Subarticle contains regulations relating to an application by an applicant for authority to engage in trust business. Part 3 (commencing with Section 10.3800) of this Subarticle contains regulations which set forth administrative standards and procedures relating to an application by an applicant for authority to engage in trust business. Part 4 (commencing with Section 10.3850) of this Subarticle contains regulations relating to matters after an application by an applicant for authority to engage in trust business is approved by the Commissioner.Cal. Code Regs. Tit. 10, § 10.3700
1. Change without regulatory effect amending section and adding new NOTE filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Change without regulatory effect amending subsection (b) and NOTE filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34). Note: Authority cited: Section 326, Financial Code. Reference: Section 1551, Financial Code.
1. Change without regulatory effect amending section and adding new Note filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Change without regulatory effect amending subsection (b) and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).