{"code":"FIN","codeName":"Financial Code","section":"1802","citation":"Fin. Code, § 1802","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 3. Agencies and Branch Offices [1800. - 1813.]","url":"https://blackletter.si/financial-code/division-1.1/chapter-20/article-3"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 3.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.</p>","text":"No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.","otherVersions":[],"url":"https://blackletter.si/financial-code/agencies-and-branch-offices-1802","source":"California Legislative Information bulk export (pubinfo)"}