There is a newer version of the California Code
2011 California Code
Financial Code
DIVISION 1.1. BANKING [1000 - 1910]
ARTICLE 2. Representative Offices
Section 1783
CA Fin Code § 1783 (through 2012 Leg Sess) What's This?
A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)
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