California Statutes

§ 530. — 530. (Added by Stats. 2024, Ch. 509, Sec. 1.)

California § 530.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.DIVISION 1. FINANCIAL INSTITUTIONS
Ch. 5.5.CHAPTER 5.5. Nonsufficient Funds Fees

This text of California § 530. (530. (Added by Stats. 2024, Ch. 509, Sec. 1.)) 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 § 530. (2026).

Text

A bank or credit union subject to the examination authority of the commissioner shall not charge a consumer a nonsufficient funds fee, as defined in Section 521, when the consumer’s attempt to initiate a transaction is declined instantaneously or near instantaneously by the bank or credit union due to nonsufficient funds.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Added by Stats. 2024, Ch. 509, Sec. 1. (AB 2017) Effective January 1, 2025.

Nearby Sections

11
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 530., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/530..