California Statutes

§ 1802. — 1802. (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. 3. ARTICLE 3. Agencies and Branch Offices
No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.

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California § 1802. (1802. (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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