Cal. Fin. Code § 1715

Current through the 2023 Legislative Session.
Section 1715 - Conducting core banking business at licensed office prohibited

An uninsured foreign (other state) bank that is licensed to maintain a facility may, subject to any regulations that the commissioner may prescribe, engage in any noncore banking business at the office but may not solicit deposits, receive deposits, pay checks, make loans, or otherwise conduct core banking business at the office.

Ca. Fin. Code § 1715

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