{"code":"FIN","codeName":"Financial Code","section":"1460","citation":"Fin. Code, § 1460","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 14. Loans and Investments [1460. - 1522.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-14"},{"name":"ARTICLE 1. General Provisions [1460. - 1467.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-14/article-1"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.</p>","text":"A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-provisions-1460","source":"California Legislative Information bulk export (pubinfo)"}