DIVISION 19. RELEASE OF DEMAND DEPOSIT FUNDS [40500. - 40501.]

Division 19 added by Stats. 1985, Ch. 1057, Sec. 1.

§§ 40500–40501 · 2 sections

• § 40500 It is the intent of the Legislature that a financial institution shall not transfer funds from a depositor’s account unless authorization has been granted by…
• § 40501 In accordance with the implied contract existing between a financial institution and its depositor, no bank, savings association, credit union, or other…