2007 California Financial Code Chapter 23. Approval Of Names Of Nonbank Corporations

CA Codes (fin:3900-3904)

3900.  In this chapter:
   (a) "Nonbank corporation" means any corporation incorporated or
proposed to be incorporated under the laws of this state, other than
(1) any bank or (2) any corporation incorporated or proposed to be
incorporated under the laws of this state for the purpose of
transacting business under Article 1 (commencing with Section 3500)
of Chapter 19.
   (b) "Subject name", means a name of a nonbank corporation which,
as set forth, or as proposed to be set forth, in the articles of such
nonbank corporation, includes "bank", "trust", "trustee", or related
words.



3901.  An application for a certificate of approval of the subject
name of a nonbank corporation shall be in such form, shall contain
such information, shall be signed in such manner, and shall (if the
commissioner so requires by regulation or order) be verified in such
manner, as the commissioner may by regulation or order require.




3902.  The fee for filing with the commissioner an application for a
certificate of approval of the subject name of a nonbank corporation
shall be twenty-five dollars ().



3903.  If the commissioner finds, with respect to an application for
a certificate of approval of the subject name of a nonbank
corporation, that the subject name does not indicate that the nonbank
corporation is engaged in the banking, industrial banking, or trust
business, the commissioner shall issue a certificate of approval of
the subject name.  If the commissioner finds otherwise, the
commissioner shall deny the application.



3904.  Promptly after the articles of a nonbank corporation, with
the certificate of approval of the subject name of such nonbank
corporation attached thereto, are filed with the Secretary of State,
such nonbank corporation shall file with the commissioner a copy of
such articles certified by the Secretary of State.