California Statutes
§ 1688. — 1688. (Added by Stats. 2011, Ch. 243, Sec. 3.)
California § 1688.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.1.DIVISION 1.1. BANKING
Ch. 19.CHAPTER 19. Foreign (Other State) Banks
Art. 2.ARTICLE 2. California Branch Offices
This text of California § 1688. (1688. (Added by Stats. 2011, Ch. 243, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 1688. (2026).
Text
Notwithstanding Section 1684, a foreign (other state) bank that does not maintain offices in California may merge with or purchase the whole business unit of a foreign (other state) bank that already maintains one or more offices in California in accordance with Section 1684 pursuant to federal law and the law of the domicile of the surviving or purchasing bank. The surviving or purchasing bank may retain the offices established in this state by the disappearing or selling bank.
Thereafter, the surviving or purchasing bank may establish and maintain additional offices as if it were the disappearing or selling bank.
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Legislative History
Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.
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Bluebook (online)
California § 1688., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/1688..