Financial Code § 1466

ARTICLE 1. General Provisions

Current as of September 28, 2026Fin. Code, § 1466Official source ↗

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

A commercial bank may issue negotiable certificates of deposit transferable by endorsement and delivery and nonnegotiable certificates transferable only on the books of the bank.