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DIVISION 1.1. BANKING 1000-1910›CHAPTER 14. Loans and Investments 1460-1522›ARTICLE 1. General Provisions 1460-1467

§ 1465

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

A commercial bank may rediscount with, borrow money from, or hypothecate its assets as security for money borrowed from a Federal Reserve bank, the Federal Deposit Insurance Corporation, or the Federal Home Loan Bank.

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

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