DIVISION 1.1. BANKING 1000-1910›CHAPTER 12. Deposits 1400-1440›ARTICLE 1. Depositors 1400-1415
§ 1407
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)
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