Cal. Bus. & Prof. Code § 6091.2

Current through the 2024 Legislative Session.

Section 6091.2 - Definitions

As used in Section 6091.1:

(a) "Financial institution" means a bank, savings and loan, or other financial institution serving as a depository for attorney trust accounts under subdivision (a) or (b) of Section 6211.

(b) "Properly payable" means an instrument that, if presented in the normal course of business, is in a form requiring payment under the laws of this state.

(c) "Notice of dishonor" means the notice that a financial institution is required to give, under the laws of this state, upon presentation of an instrument that the institution dishonors.

Ca. Bus. and Prof'l. Code § 6091.2

Amended by Stats 2007 ch 422 (AB 1723),s 1, eff. 1/1/2008.