CHAPTER 4.5. Bank Extraordinary Situation Closing [1090. - 1096.]

Chapter 4.5 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1090–1096 · 7 sections

• § 1090 This chapter is known and may be cited as the “Bank Extraordinary Situation Closing Act.”
• § 1091 “Extraordinary situation” means any condition or occurrence, other than as set forth in Section 592, that may interfere or is inconsistent with the conduct of…
• § 1092 Whenever the commissioner determines that an extraordinary situation exists anywhere in this state the commissioner may, by proclamation, authorize banks…
• § 1093 (a) Whenever the officers of a bank are of the opinion that an extraordinary situation exists which affects or may affect one or more of a bank’s offices, they…
• § 1094 A bank closing an office or offices pursuant to the authority granted under subdivision (a) of Section 1093 shall give prompt notice of its action to the…
• § 1095 Any day on which a bank or any one or more of its offices is closed pursuant to the authorization granted by this chapter shall be, with respect to such bank…
• § 1096 Provisions of this chapter shall be construed and applied as being in addition to, and not a substitution for, or limitation of, any other law of this state or…