There is a newer version of the California Code
2011 California Code
Financial Code
DIVISION 1.1. BANKING [1000 - 1910]
ARTICLE 3. California State Bank as Agent
Section 1397
CA Fin Code § 1397 (through 2012 Leg Sess) What's This?
If the commissioner finds that any activities performed by a California state bank as agent for an insured depository institution are not authorized agency activities or that the agency arrangement is inconsistent with safe and sound banking practices, the commissioner may order the California state bank to terminate the agency arrangement.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.