ARTICLE 2. California Branch Offices [1680. - 1688.]

Article 2 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1680–1688 · 9 sections

• § 1680 No foreign (other state) state bank may transact core banking business in this state except at a branch office established in accordance with federal law and…
• § 1681 Section 1680 does not prohibit: (a) Any foreign (other state) state bank that does not maintain a California branch office from carrying on the activities…
• § 1682 No foreign (other state) bank may establish or maintain a California branch office unless it is qualified to transact intrastate business in this state under…
• § 1683 No foreign (other state) bank may establish or maintain a California branch office unless the bank is insured.
• § 1684 (a) (1) No foreign (other state) bank may merge as the surviving corporation with a California bank, except that an insured foreign (other state) bank may do…
• § 1685 (a) No foreign (other state) bank that does not already maintain a California branch office may: (1) Merge as the surviving bank with a California bank…
• § 1686 The minimum age requirement set forth in Section 1685 does not apply in any case in which the factor set forth in subdivision (a) and any of the factors set…
• § 1687 (a) In case a foreign (other state) state bank that maintains a California branch office is a commercial bank, in addition to other provisions of this division…
• § 1688 Notwithstanding Section 1684, a foreign (other state) bank that does not maintain offices in California may merge with or purchase the whole business unit of a…