California § 1856. 1856. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California Statutes

§ 1856. — 1856. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California § 1856.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 1.1.DIVISION 1.1. BANKING

Ch. 21.CHAPTER 21. International and Foreign Banking and Financing

Art. 1.ARTICLE 1. International and Foreign Banking and Financing Corporations

This text of California § 1856. (1856. (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 § 1856. (2026).

Text

Except with the approval of the commissioner, no corporation shall invest in any one corporation an amount in excess of 10 percent of its own shareholders’ equity, except in a corporation engaged in the business of banking, when 15 percent of its shareholders’ equity may be so invested.

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