ARTICLE 4. Shareholders’ Equity [1150. - 1152.]

Article 4 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1150–1152 · 3 sections

• § 1150 In determining for purposes of this division whether the shareholders’ equity of a bank or of a proposed bank is adequate, the commissioner shall consider: (a)…
• § 1151 For purposes of any statute, regulation, or requirement of any governmental official or agency which refers to the capital (including, without limitation,…
• § 1152 A bank which has deficit retained earnings may, with the prior approval of its outstanding shares and of the commissioner, readjust its accounts in a…