Section 10.6001 - Other DefinitionsIn this Article:
(a) "Approved but unopened," when used with respect to an office of a California bank, means: (1) In case such bank is a state bank, an office which the bank has applied to the Commissioner for authority to establish, and the status of the matter is that the Commissioner has approved the application but the bank has not yet established the office.(2) In case such bank is a national bank, an office which the bank has applied to the Comptroller of the Currency for authority to establish, and the status of the matter is that the Comptroller of the Currency has approved the application but the bank has not yet established the office.(b) "Branch banking business," when used with respect to a subject institution, means, in the case of a subject institution which is a commercial bank, the business of receiving deposits, paying checks, or making loans or, in the case of a subject institution which is a trust company, the business of receiving fiduciary assets or administering fiduciary accounts. However, "branch banking business" does not include the business of receiving deposits or fiduciary assets solely by means of either or both of the following: (1) The United States mail addressed to a post office box; or(2) A messenger who is an independent contractor or an employee of the bank.(c) "Branch office," when used with respect to a subject institution, does not include an automated teller machine branch office.(d) To "discontinue," when used with respect to an office of a subject institution, means to discontinue the operations of, or to close, such office.(e) "Domiciliary bank" means: (1) When used with respect to a foreign nation (other than a territory of the United States), a bank which is organized under the laws of such foreign nation.(2) When used with respect to a territory of the United States, a bank which is organized under the laws of such territory or a national bank which maintains its head office in the territory.(3) When used with respect to a state of the United States other than the State of California, a state bank which is organized under the laws of such state or a national bank which maintains its head office in the state.(f) "Foreign office of representative," when used with respect to a subject institution, means an office located in a state of the United States other than the State of California or in a foreign nation which a person maintains for the purpose of engaging in the business of representing such subject institution. (A foreign office of a representative of a subject institution does not constitute an office of such subject institution for purposes of the Banking Law or this Chapter. However, for the sake of convenience, regulations relating to foreign offices of representatives of subject institutions are included in this Article.)(g) "Intermittent branch office," when used with respect to a subject institution, means a place at which such subject institution transacts branch banking business during intermittent periods which are determined according to calendar time (for example, on certain dates of each year), according to specified events (for example, during a specified county fair), or otherwise and which occur at least as frequently as annually but less frequently than weekly.(h) "New site," when used with respect to an office of a subject institution which is proposed to be or which has been relocated, means the site to which such office is proposed to be or has been, as the case may be, relocated.(i) "Non-domiciliary bank" means any bank other than a domiciliary bank.(j) "Old site," when used with respect to an office of a subject institution which is proposed to be or which has been relocated, means the site from which such office is proposed to be or has been, as the case may be, relocated.(k) "Pending but not approved," when used with respect to an office of a California bank, means: (1) In case such bank is a state bank, an office which the bank has applied to the Commissioner for authority to establish and the status of the matter is that the Commissioner has not yet decided the application.(2) In case such bank is a national bank, an office which the bank has applied to the Comptroller of the Currency for authority to establish and the status of the matter is that the Comptroller of the Currency has not yet decided the application.(l) "Popular name" means: (1) When used with respect to a branch office of a subject institution, the name or other designation assigned to such office by such subject institution.(2) When used with respect to a branch office of a California national bank, the name or other designation assigned to such office by such bank pursuant to applicable requirements of the Comptroller of the Currency.(m) "Proposed," when used with respect to an office of a California bank, means: (1) In case such bank is a state bank, an office which the bank has applied to the Commissioner for authority to establish, and the status of the matter is that the Commissioner has either approved or not yet decided the application, and the bank has not yet established the office.(2) In case such bank is a national bank, an office which the bank has applied to the Comptroller of the Currency for authority to establish, and the status of the matter is that the Comptroller of the Currency has either approved or not yet decided the application and the bank has not yet established the office.(n) "Special branch office," when used with respect to a subject institution, means an intermittent branch office or any other branch office designated as a special branch office in this Chapter or by the Commissioner.Cal. Code Regs. Tit. 10, § 10.6001
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. Amendment of section and NOTE filed 4-14-98; operative 5-14-98 (Register 98, No. 16).
3. New subsections (b) and (d), subsection relettering and amendment of NOTE filed 5-6-98; operative 6-5-98 (Register 98, No. 19).
4. Change without regulatory effect repealing subsection (b), relettering subsections and amending newly designated subsection (l)(1) 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: Sections 1070, 1071, 1072, 1073, 1074, 1075, 1076, 1077, 1078, 1079, 1080 and 1081, 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. Amendment of section and Note filed 4-14-98; operative 5-14-98 (Register 98, No. 16).
3. New subsections (b) and (d), subsection relettering and amendment of Note filed 5-6-98; operative 6-5-98 (Register 98, No. 19).
4. Change without regulatory effect repealing subsection (b), relettering subsections and amending newly designated subsection (l)(1) and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).