BlackletterCalifornia law

Financial Code § 1783

ARTICLE 2. Representative Offices

Current as of September 28, 2026Fin. Code, § 1783Official source ↗

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

A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.