DIVISION 1. FINANCIAL INSTITUTIONS 99-819›CHAPTER 1. Definitions 99-217
§ 113
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
“Industrial banking business” includes the making of loans and acceptance of deposits, including deposits evidenced by investment or thrift certificates, but excluding demand deposits.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
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