{"code":"FIN","codeName":"Financial Code","section":"1131","citation":"Fin. Code, § 1131","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1.1. BANKING [1000. - 1910.]","url":"https://blackletter.si/financial-code/division-1.1"},{"name":"CHAPTER 5. Corporate Requirements [1100. - 1190.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-5"},{"name":"ARTICLE 3. Distributions to Shareholders [1130. - 1135.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-5/article-3"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>Section <a href=\"/corp/500\">500</a> of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.</p>","text":"Section 500 of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.","otherVersions":[],"url":"https://blackletter.si/financial-code/distributions-to-shareholders-1131","source":"California Legislative Information bulk export (pubinfo)"}