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Earlier editions: 2020-112018-11

DIVISION 1.1. BANKING 1000-1910›CHAPTER 10. Restrictions and Prohibited Practices 1320-1367›ARTICLE 2. Loans to Insiders 1360-1367

§ 1366

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

A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.

(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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