ARTICLE 1. General Provisions [1550. - 1557.]

Article 1 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1550–1557 · 8 sections

• § 1550 No corporation shall engage in the trust business unless: (a) Its articles comply with the requirements of subdivision (b), (d), or (e) of Section 1100; and…
• § 1551 Any commercial bank or industrial bank, with the prior authorization of the commissioner, may engage in the trust business, if its articles comply with the…
• § 1552 No California state bank may engage in trust business at a place unless the place is its head office, an authorized branch office, or an authorized place of…
• § 1553 The following persons are exempt from Section 1550: (a) Any natural person serving as trustee of one or more trusts where at least one trustor is a family…
• § 1554 In this section, “subject national banking association” means a national banking association that (a) maintains its main office or a branch office in this…
• § 1555 No foreign corporation, other than a national banking association or a foreign (other state) state bank that is authorized to conduct a trust business in this…
• § 1556 Pursuant to the authority contained in Section 1 of Article XV of the California Constitution, the restrictions upon rates of interest contained in Section 1…
• § 1557 The Legislature finds and declares that it is important to inform taxpayers that they may make voluntary contributions to certain funds or programs, as…