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DIVISION 1.1. BANKING 1000-1910›CHAPTER 12. Deposits 1400-1440›ARTICLE 2. Disclosure of Delayed Availability Policy 1420-1429

§ 1428

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

The commissioner is authorized to issue regulations which provide for a different period of time for withdrawal as a matter of right against deposited items, if there has been a determination that the application of the regulations adopted pursuant to this article would result in unsafe or unsound practices by a depository institution subject to the regulatory jurisdiction of the commissioner.

(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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