There is a newer version of the California Code
2011 California Code
Financial Code
DIVISION 1.1. BANKING [1000 - 1910]
ARTICLE 1. International and Foreign Banking and Financing Corporations
Section 1864
CA Fin Code § 1864 (through 2012 Leg Sess) What's This?
Any bank may invest in the shares of any corporation organized under the provisions of this article, but the aggregate amount of stock held in all corporations engaged in business of the kind described in this chapter shall not exceed 10 percent of the subscribing bank s shareholders equity.
(Added by Stats. 2011, Ch. 243, Sec. 3. Effective January 1, 2012.)
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