{"code":"FIN","codeName":"Financial Code","section":"1761","citation":"Fin. Code, § 1761","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 20. Foreign (Other Nation) Banks [1750. - 1835.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-20"},{"name":"ARTICLE 1. General Provisions [1750. - 1768.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-20/article-1"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>(a) No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes.</p><p>(b) Subdivision (a) does not prohibit a foreign (other nation) bank that is licensed to maintain a representative office from being concurrently licensed to maintain an office of a different class or to prohibit a foreign (other nation) bank that is licensed to maintain an office other than a representative office from being concurrently licensed to maintain a representative office.</p>","text":"(a) No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes. (b) Subdivision (a) does not prohibit a foreign (other nation) bank that is licensed to maintain a representative office from being concurrently licensed to maintain an office of a different class or to prohibit a foreign (other nation) bank that is licensed to maintain an office other than a representative office from being concurrently licensed to maintain a representative office.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-provisions-1761","source":"California Legislative Information bulk export (pubinfo)"}