{"code":"FIN","codeName":"Financial Code","section":"1580","citation":"Fin. Code, § 1580","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 16. Trust Companies [1550. - 1613.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-16"},{"name":"ARTICLE 4. Investments [1580. - 1586.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-16/article-4"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>A trust company may invest its contributed capital only in the securities and properties in which a commercial bank is permitted to invest its funds pursuant to Sections <a href=\"/fin/800\">800</a> to <a href=\"/fin/819\">819</a>, inclusive, and in loans on real property which commercial banks are permitted to make pursuant to Article 3 (commencing with Section <a href=\"/fin/1480\">1480</a>) of Chapter 14.</p>","text":"A trust company may invest its contributed capital only in the securities and properties in which a commercial bank is permitted to invest its funds pursuant to Sections 800 to 819, inclusive, and in loans on real property which commercial banks are permitted to make pursuant to Article 3 (commencing with Section 1480) of Chapter 14.","otherVersions":[],"url":"https://blackletter.si/financial-code/investments-1580","source":"California Legislative Information bulk export (pubinfo)"}