California § 1761. 1761. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California Statutes

§ 1761. — 1761. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California·Code FIN Financial Code - FIN·Div. 1.1. DIVISION 1.1. BANKING·Ch. 20. CHAPTER 20. Foreign (Other Nation) Banks·Art. 1. ARTICLE 1. General Provisions

(a)No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes.

(b)Subdivision (a) does not prohibit a foreign (other nation) bank that is licensed to maintain a representative office from being concurrently licensed to maintain an office of a different class or to prohibit a foreign (other nation) bank that is licensed to maintain an office other than a representative office from being concurrently licensed to maintain a representative office.

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(a)
No foreign (other nation) bank shall concurrently be licensed to maintain offices of different classes.
(b)
Subdivision (a) does not prohibit a foreign (other nation) bank that is licensed to maintain a representative office from being concurrently licensed to maintain an office of a different class or to prohibit a foreign (other nation) bank that is licensed to maintain an office other than a
representative office from being concurrently licensed to maintain a representative office.

California § 1761. (1761. (Added by Stats. 2011, Ch. 243, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.