Cal. Fin. Code § 1384

Current through the 2024 Legislative Session.
Section 1384 - Insured depository authorized to act as agent of state bank

Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a California state bank may, with the prior approval of the commissioner and subject to any regulations that the commissioner may prescribe, have an insured depository institution engage in authorized agency activities as its agent.

Ca. Fin. Code § 1384

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.