California Statutes

§ 1407. — 1407. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California·Code FIN Financial Code - FIN·Div. 1.1. DIVISION 1.1. BANKING·Ch. 12. CHAPTER 12. Deposits·Art. 1. ARTICLE 1. Depositors
An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 1407. (1407. (Added by Stats. 2011, Ch. 243, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.
View on official source ↗