There is a newer version of the California Code
2007 California Financial Code Article 5. Location Of Head Office
CA Codes (fin:419-421)
FINANCIAL CODESECTION 419-421
419. A California state bank shall maintain its head office in this state. 420. A bank or trust company may change the location of its head office within this state with the written approval of the commissioner. An application for approval shall be in the form and contain the information that the commissioner may require, and shall be accompanied by a fee of two hundred fifty dollars (0). 421. (a) As used in this section: (1) "Branch office" has the meaning set forth in subdivision (a) of Section 500. (2) "Redesignation of the head office and a branch office" means the relocation by a bank of its head office to the site of a branch office in this state and the concurrent establishment by the bank of a branch office at the former site of the head office. (b) A redesignation of the head office and a branch office shall not be subject to Section 420 or to Article 1 (commencing with Section 500) of Chapter 4. (c) A bank may effect a redesignation of the head office and a branch office, if it files with the commissioner a report on the proposed redesignation not less than 30 days before the redesignation. The report shall be in the form, shall contain the information, shall be signed in the manner, and shall, if the commissioner so requires, be verified in the manner the commissioner may require. (d) Whenever a bank effects a redesignation of the head office and a branch office, the bank shall do the following: (1) The bank shall surrender to the commissioner for cancellation the certificate of authority for the head office at the original site and the certificate of authority for the branch office where it is relocating the head office. The commissioner shall issue to the bank a new certificate of authority authorizing the bank to maintain the head office at the new site and a new certificate of authority authorizing the bank to establish and operate a branch office at the former site of the head office. The bank shall pay to the commissioner a fee of twenty-five dollars () for each new certificate. (2) In the event that the bank has any other certificates of authority which list the bank's head office at the former site, the bank shall surrender the certificates to the commissioner for cancellation. The commissioner shall issue to the bank replacement certificates listing the bank's head office at the new site, and the bank shall pay to the commissioner a fee of twenty-five dollars () for each replacement certificate.
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