Earlier editions: 2020-112018-11
DIVISION 1.1. BANKING 1000-1910›CHAPTER 20. Foreign (Other Nation) Banks 1750-1835›ARTICLE 2. Representative Offices 1780-1784
§ 1783
California Financial Code · 2026 edition · updated 2026-10-04 · California
A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)
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