Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 1 - Commissioner of Business Oversight, Division of Financial InstitutionsSubchapter 10 - BanksArticle 5 - Offices of California State BanksSubarticle 4 - Places of BusinessPart 2 - Establishment of Place of Business
Subpart 4 - Administrative Standards and Procedures
Section 10.9177 - Foreign Place of Business

Cal. Code Regs. tit. 10 § 10.9177

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Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Section 10.9177 - Foreign Place of Business

As an administrative standard, the Commissioner generally will not grant an application for authority to establish a foreign place of business if any law or administrative policy of the state of the United States or the foreign nation where such place of business is proposed to be located would prohibit the Commissioner from, or significantly restrict the Commissioner in, examining or regulating the place of business or if any such law or administrative policy would prohibit the applicant or any adviser of the applicant from, or significantly restrict the applicant or any adviser of the applicant in, directing, supervising, or auditing the place of business.

Cal. Code Regs. Tit. 10, § 10.9177

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).

Note: Authority cited: Section 215, Financial Code. Reference: Section 543, 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).