BlackletterCalifornia law

Financial Code § 1460

ARTICLE 1. General Provisions

Current as of September 28, 2026Fin. Code, § 1460Official source ↗

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

A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.