{"code":"FIN","codeName":"Financial Code","section":"1407","citation":"Fin. Code, § 1407","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 12. Deposits [1400. - 1440.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-12"},{"name":"ARTICLE 1. Depositors [1400. - 1415.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-12/article-1"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.</p>","text":"An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.","otherVersions":[],"url":"https://blackletter.si/financial-code/depositors-1407","source":"California Legislative Information bulk export (pubinfo)"}