California Statutes

§ 1460. — 1460. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California·Code FIN Financial Code - FIN·Div. 1.1. DIVISION 1.1. BANKING·Ch. 14. CHAPTER 14. Loans and Investments·Art. 1. ARTICLE 1. General Provisions
A commercial bank shall not rediscount, borrow money, or hypothecate its assets as security for money borrowed except to the extent and upon the conditions set forth in this division.

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California § 1460. (1460. (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.

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