Financial Code § 1366

ARTICLE 2. Loans to Insiders

Current as of September 28, 2026Fin. Code, § 1366Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.