There is a newer version of the California Code
2011 California Code
Financial Code
DIVISION 1.1. BANKING [1000 - 1910]
ARTICLE 1. General Provisions
Section 1465
CA Fin Code § 1465 (through 2012 Leg Sess) What's This?
A commercial bank may rediscount with, borrow money from, or hypothecate its assets as security for money borrowed from a Federal Reserve bank, the Federal Deposit Insurance Corporation, or the Federal Home Loan Bank.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)
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