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TITLE 4. SECURITIES 25000-31516›DIVISION 4.5. COMMODITIES 29500-29567›CHAPTER 1. Definitions 29500-29516

§ 29511

California Corporations Code · 2020-11 edition · updated 2026-10-04 · California

“Financial institution” means (a) a national bank or a bank or trust company incorporated under the laws of this state, (b) a federal savings and loan association or federal savings bank, or (c) a federally insured bank chartered by a state of the United States when the commodity depository activities of the bank are supervised by the bank regulator of that state.

(Added by Stats. 1990, Ch. 969, Sec. 2.)

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