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DIVISION 1.1. BANKING 1000-1910›CHAPTER 15. Industrial Banks 1530-1542›ARTICLE 2. Industrial Bank Business 1540-1542

§ 1540

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

Each industrial bank shall be an insured bank at all times while it is engaged in the industrial banking business.

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

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