BlackletterCalifornia law

Financial Code § 560

ARTICLE 2. Actions Involving the Conduct of Business by Unauthorized Persons

Current as of September 28, 2026Fin. Code, § 560Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

No person who has not received a certificate from the commissioner authorizing it to engage in the banking business shall solicit or receive deposits, issue certificates of deposit with or without provision for interest, make payments on checks, or transact business in the way or manner of a bank or trust company.