BlackletterCalifornia law

Financial Code § 1540

ARTICLE 2. Industrial Bank Business

Current as of September 28, 2026Fin. Code, § 1540Official source ↗

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

Each industrial bank shall be an insured bank at all times while it is engaged in the industrial banking business.