BlackletterCalifornia law

Financial Code § 1391

ARTICLE 3. California State Bank as Agent

Current as of September 28, 2026Fin. Code, § 1391Official source ↗

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

Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a California state bank may, with the prior approval of the commissioner and subject to any regulations that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.