BlackletterCalifornia law

Financial Code § 1388

ARTICLE 2. California State Bank as Principal

Current as of September 28, 2026Fin. Code, § 1388Official source ↗Ask about this

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

No California state bank may have an insured depository institution conduct as its agent any activity that the California state bank is prohibited from conducting itself.