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DIVISION 1.1. BANKING 1000-1910›CHAPTER 11. Agency Activities 1380-1397›ARTICLE 3. California State Bank as Agent 1391-1397

§ 1391

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

Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a California state bank may, with the prior approval of the commissioner and subject to any regulations that the commissioner may prescribe, engage in authorized agency activities as agent for an insured depository institution.

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

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