Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 5./Title 5.: DIVISION 5. Public Banks/§ 57605.
California Statutes

§ 57605. — 57605. (Added by Stats. 2019, Ch. 442, Sec. 16.)

California·Code GOV Government Code - GOV·Div. 5.·Title 5. DIVISION 5. Public Banks
For the purposes of Section 1280 of the Financial Code, any person or entity, including a local agency, that owns, controls, or holds an ownership interest in a public bank is not a bank holding company by reason of that ownership interest.

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California § 57605. (57605. (Added by Stats. 2019, Ch. 442, Sec. 16.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2019, Ch. 442, Sec. 16. (AB 857) Effective January 1, 2020.
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