ARTICLE 1. General Provisions [1750. - 1768.]
Article 1 added by Stats. 2011, Ch. 243, Sec. 3.
§§ 1750–1768 · 19 sections
- § 1750 In this chapter, unless the context otherwise requires: (a) “Agency” means a depositary agency or a nondepositary agency. (b) “Branch office” means a limited…
- § 1751 Nothing in this chapter, except Section 1760, applies to a federal agency or branch in this state.
- § 1752 (a) In this section, “subject bank” means a bank organized under the laws of any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust…
- § 1753 For purposes of this chapter, offices of foreign (other nation) banks are divided into classes and ranked in ascending order, as follows: (a) Representative…
- § 1754 (a) For purposes of this chapter: (1) Changing a lower class office into a higher class office shall be treated as establishing the higher class office, but…
- § 1755 Fees shall be paid to, and collected by, the commissioner, as follows: (a) The fee for filing with the commissioner an application by a foreign (other nation)…
- § 1756 Each application filed with the commissioner under this chapter or under any regulation or order issued under this chapter shall be in such form, shall contain…
- § 1757 (a) In this section, “act” includes (without limitation) omission. (b) For purposes of making findings on an application by a foreign (other nation) bank for…
- § 1758 (a) Each foreign (other nation) bank that is licensed to maintain an office shall file with the commissioner reports as and when the commissioner may, by…
- § 1759 Each foreign (other nation) bank that is licensed to maintain an office shall make, keep, and preserve at the office or at another place that the commissioner…
- § 1760 (a) No foreign (other nation) bank which is licensed to maintain an agency or branch office shall concurrently maintain a federal agency or federal branch in…
- § 1761 (a) No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes. (b) Subdivision (a) does not prohibit a foreign…
- § 1762 (a) (1) No foreign (other nation) bank (other than a bank that is licensed to maintain an agency or branch office) shall be issued a license to maintain a…
- § 1763 No license shall be transferable or assignable.
- § 1764 Each foreign (other nation) bank that is licensed to maintain an office shall post its license in a conspicuous place at the office.
- § 1765 (a) Each foreign (other nation) bank that is licensed to maintain an office shall assign to the office a popular name that consists of a specific designation…
- § 1766 Whenever a foreign (other nation) bank is licensed to maintain two or more agencies or branch offices, it shall designate one of such offices as its primary…
- § 1767 Each foreign (other nation) bank that is licensed to maintain an office shall conduct all of the business of the office in a single building or in adjoining…
- § 1768 Any foreign (other nation) bank that, at the time it makes a loan or forbearance or executes a contract therefor, has assets equal to at least one hundred…