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DIVISION 1.1. BANKING 1000-1910›CHAPTER 19. Foreign (Other State) Banks 1670-1721›ARTICLE 2. California Branch Offices 1680-1688

§ 1681

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

Section 1680 does not prohibit:

(a) Any foreign (other state) state bank that does not maintain a California branch office from carrying on the activities described in subdivision (d) of Section 191 of the Corporations Code.

(b) Any foreign (other state) state bank that does not maintain a California branch office from making, in this state, loans secured by liens on real property located in this state.

(c) Any foreign (other state) state bank from having a California state bank as its agent pursuant to Chapter 6.5 (commencing with Section 800).

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

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California Financial Code

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