California Code — code.financial.code.fin
Browse 3,318 sections in division code.financial.code.fin of the California code. Each section page includes the full statutory text, official source links, and citation guidance.
Sections (showing up to 300)
- § 117.
- § 113.
- § 123.
- § 129. Unless the provision or the context otherwise requires, the definitions set forth
- § 135. Any requirement in this division for a vote of each class of outstanding shares s
- § 143.
- § 145.
- § 149.
- § 153.
- § 157.
- § 2. The provisions of this code insofar as they are substantially the same as existin
- § 4. Unless the context otherwise requires the general provisions hereinafter set fort
- § 7. Whenever any reference is made to any portion of this code or of any other law, t
- § 10. The present tense includes the past and future tenses; and the future, the presen
- § 12. The singular number includes the plural and the plural the singular.
- § 14.
- § 16.
- § 21. All persons who, at the time this code goes into effect, hold office under any of
- § 101. If and to the extent that any provision of the Financial Institutions Law is pree
- § 105. Banks are divided into the following classes: (a) Commercial banks. (b) Industria
- § 111.
- § 161.
- § 165.
- § 173.
- § 183.
- § 186.
- § 191.
- § 193.
- § 329. For purposes of this section, the following definitions apply: (1)
- § 330. The authority vested in the Superintendent of Banks under subdivision (2) of Sect
- § 331.5.
- § 332.
- § 333. The powers of supervision and examination of all licensees are vested in the comm
- § 334. The commissioner may promulgate or waive such rules and regulations as may be rea
- § 336. The commissioner may, at any time, require a licensee to write down any asset hel
- § 350. The chief deputy shall be appointed by the Governor and hold office at the pleasu
- § 353. Before entering upon the duties of his or her office each deputy and examiner sha
- § 355. The Commissioner of Financial Protection and Innovation, the Senior Deputy Commis
- § 357. If a deputy commissioner or any examiner has knowledge of the insolvency or unsaf
- § 454. The commissioner shall call for the report specified in Section 453 from all lice
- § 451. With the prior approval of the commissioner, a foreign (other state) or foreign (
- § 460. Any person intentionally making a false statement in any report required to be re
- § 461. Any debt due a licensee on which interest is past due and unpaid for the period o
- § 464. An officer of a financial institution, within the meaning of Section 1101(1) of t
- § 500.
- § 503. The commissioner, whenever in his or her opinion the condition of the bank, trust
- § 505. The commissioner, a deputy commissioner, and every examiner assigned to an examin
- § 199.
- § 201.
- § 207.
- § 215.
- § 217.
- § 300. In this section: (1)
- § 321. In this section,
- § 322. The commissioner is appointed by the Governor, and holds office at the pleasure o
- § 323. The commissioner shall be a citizen of the United States and a resident of the st
- § 324. The annual salary of the commissioner is provided for by Chapter 6 (commencing wi
- § 375. Official reports made by the commissioner and verified reports of an examination
- § 372. The department may expend moneys in accordance with law for the necessary travel
- § 376. At least once each month, the commissioner shall issue and disseminate as the com
- § 379. For the purposes of this section the following definitions shall apply: (1)
- § 381. Chapter 5 (commencing with Section 11500) of Part 1 of Division 3 of Title 2 of t
- § 382. The department shall require fingerprint images from any department employee, pro
- § 405. The commissioner shall annually collect pro rata from the banks and trust compani
- § 407. Whenever the commissioner makes an assessment pursuant to Section 405 or 406, the
- § 414. Notwithstanding any other provision of this code or of Section 53667 of the Gover
- § 509. The commissioner may, in his or her discretion, bring an action in the name of th
- § 530. A bank or credit union subject to the examination authority of the commissioner s
- § 550. In this article: (a)
- § 551. Any subject person who is entitled to a hearing pursuant to this article may waiv
- § 560. No person who has not received a certificate from the commissioner authorizing it
- § 563. No provision of Section 560, 561, or 562 prohibits any of the following from tran
- § 566. The commissioner may bring an action in the name of the people of this state in s
- § 567. If the commissioner finds that a person has conducted, or that there is reasonabl
- § 585. If, after notice and an opportunity to be heard, the commissioner finds that any
- § 624. The commissioner may sell to any other licensee any part or the whole of the busi
- § 642. The commissioner may order an examination at the earliest possible date of a lice
- § 643. While any licensee is in the hands of a conservator, the commissioner may require
- § 647. The commissioner may assess and collect from all licensees for whom a conservator
- § 649. All customers, creditors, stockholders, if applicable, and other interested perso
- § 671. The commissioner may sell any real or personal property of the licensee for cash
- § 672. The commissioner may, with the approval of the court, sell any part or the whole
- § 675. The commissioner, in the name of the delinquent licensee or in his or her own nam
- § 676. The commissioner from time to time shall deposit all moneys coming into his or he
- § 587. If the commissioner finds that any of the factors set forth in paragraph (1) and
- § 590. The commissioner may revoke or suspend any license issued by, or under the author
- § 591. If the commissioner finds that any of the factors set forth in Section 590 is tru
- § 592. If the commissioner finds that any of the factors set forth in subdivisions (a) t
- § 595. The commissioner is deemed to take possession of the entire property and business
- § 600. In this chapter,
- § 602. No attachment shall be issued against the property of any licensee subject to con
- § 608. The compensation of civil service employees, special deputies, counsel, and other
- § 621. The Federal Insurance Agency may be, and act as, a conservator, liquidator, or re
- § 1254. If the commissioner finds, with respect to the proposed acquisition of control of
- § 1256. The commissioner may, in approving a proposal to acquire control of a bank or a c
- § 1257. The commissioner may, for good cause, amend, alter, suspend, or revoke any approv
- § 1263. If any provision or clause of this chapter or the application thereof to any pers
- § 1281.
- § 1286. Nothing in this chapter shall be construed to authorize the commissioner to requi
- § 1300. Notwithstanding the provisions of Sections 1051, 1052, and 1054 of the Labor Code
- § 1321. Any real property not held for any purpose permitted by subdivisions (a) and (e)
- § 1322. The Legislature finds and declares: (1) That it is necessary to increase job oppo
- § 733. If the commissioner finds, with respect to an application for a certificate of ap
- § 801. Any securities or other assets that are described in Sections 803 to 819, inclusi
- § 803. Gold and silver bullion and United States mint certificates of ascertained value.
- § 806. Bonds of the State of California and those for which the faith and credit of the
- § 809. Any of the following subject to the conditions set forth in subdivision (b) to (d
- § 812. Bonds, notes or other obligations issued by the Federal Financing Bank, the Unite
- § 814. Revenue securities of any state of the United States, or of the Commonwealth of P
- § 816. Bonds secured by an insurance commitment of the Federal Housing Administration.
- § 817. Evidences of indebtedness of companies incorporated in the United States and, dir
- § 818. Fixed interest railroad bonds meeting the requirements of subdivisions (a) and (b
- § 819. Bonds and debentures of gas, electric, or gas and electric companies meeting the
- § 1047. It is unlawful to apply any part of the funds collected from subscribers or share
- § 1070. For purposes of this chapter, the following definitions apply: (a)
- § 1071. The commissioner shall issue a certificate in duplicate authorizing a bank to est
- § 1073. A bank, with the approval of its board, may establish and maintain one or more of
- § 1075. A bank, with the approval of its board, may redesignate offices.
- § 1078. A bank may close or discontinue the operation of any branch office if, before the
- § 1080. If a bank violates any provision of this chapter or fails to comply with any orde
- § 1090. This chapter is known and may be cited as the
- § 1091.
- § 1094. A bank closing an office or offices pursuant to the authority granted under subdi
- § 1100. The articles of each bank shall contain the applicable one of the following state
- § 1105. No certificate of correction of a bank shall become effective unless such certifi
- § 1120. A bank may, with the approval of its board, determine and from time to time redet
- § 1130. This article does not apply to any distribution made to the shareholders of a ban
- § 1134. Notwithstanding the provisions of Section 1132, a bank may: (a) With the prior ap
- § 1152. A bank which has deficit retained earnings may, with the prior approval of its ou
- § 1096. Provisions of this chapter shall be construed and applied as being in addition to
- § 1324. Any director, officer, agent, or employee of any bank who knowingly receives or p
- § 1326. No bank shall publish a statement of its resources or liabilities in connection w
- § 1331. For purposes of this section, the following terms have the following meanings: (1
- § 1334. An officer or agent of any bank in this state, who makes or delivers any guaranty
- § 1337. Any officer or employee of any bank organized under the laws of this state, who i
- § 1340. Unless specifically authorized by law or by the commissioner, a bank shall not be
- § 1361. As used in this article: (a)
- § 1362. Sections 215.2, 215.3, 215.4, 215.5, 215.8, and 215.9 of Regulation O in all of t
- § 683. Objections to any claim not rejected by the commissioner may be made by any perso
- § 686. All approved claims of customers and other creditors shall bear interest at the r
- § 688. On the last day fixed in the notice for the removal of the property or on the dat
- § 690. When the commissioner has completed the liquidation of the licensee, he or she sh
- § 702. All money or other property delivered to the Treasurer or Controller pursuant to
- § 730. In this chapter: (a)
- § 1001. This division is known, and may be cited, as the
- § 1002. No bank shall be a close corporation (as defined in Section 158 of the Corporatio
- § 1004. A California state bank is a corporation incorporated under Division 1 (commencin
- § 1006. No corporation shall hereafter be organized under the laws of this state to trans
- § 1008. When applicable to a corporation organized as a public bank, as defined in Sectio
- § 1025. At least 30 days before denying an application, the commissioner shall by mail or
- § 1043. It shall be unlawful to accept payment of subscriptions for shares of any corpora
- § 1044. No corporation organized to transact a commercial banking or trust business shall
- § 1173. The commissioner may, in the name of the people of this state, bring or intervene
- § 1201. No bank organized under the laws of this state shall offer or sell any security i
- § 1202. The following transactions are exempt from Section 1201: (a) (1) Any offer (but n
- § 1203. An application for a permit shall be in such form and contain such information as
- § 1205. If the commissioner finds that the proposed sale of securities is fair, just, and
- § 1207. Every permit issued pursuant to Section 1205 shall recite that it is permissive o
- § 1212. Nothing contained in this chapter shall affect the Corporate Securities Law of 19
- § 1250. Unless the context otherwise requires, in this chapter: (a)
- § 1364. In making any extension of credit that is subject to this article, a bank shall c
- § 1366. A bank may make a loan, otherwise complying with the provisions of this division,
- § 1382. In this section,
- § 1384. Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a Cal
- § 1388. No California state bank may have an insured depository institution conduct as it
- § 1391. Notwithstanding the provisions of Chapter 4 (commencing with Section 1070), a Cal
- § 1395. No California state bank may conduct any activity as an agent for an insured depo
- § 1400. A bank account by or in the name of a minor shall be held for the exclusive right
- § 1603. The commissioner shall examine the court trust business of a trust company at lea
- § 1606. Securities held by a trust company by direction of any court order issued pursuan
- § 1610. Nothing in this chapter shall make it unlawful for any person or corporation to e
- § 1612. Notwithstanding any other provision of law, any bank and any trust company holdin
- § 1613. Notwithstanding any other provision of law, any bank and any trust company holdin
- § 1620. Notice to a bank operating a safety deposit department or to a company conducting
- § 1630. Every bank conducting a safe-deposit business shall be entitled to the special re
- § 1636. Notwithstanding any of the provisions of this article, no stocks, bonds, or other
- § 1638. From the proceeds of any sale the bank shall deduct the amount set forth in such
- § 1488. The provisions of any deed of trust or mortgage on real property which authorize
- § 1492. Nothing in this chapter restricts a commercial bank in taking any lien on or pled
- § 1494. A commercial bank may lend on the security of a first security interest on stock
- § 1496. For the purpose of determining whether any loan or investment is secured by a fir
- § 1497. No loan made by any bank in excess of any limitations contained in this division
- § 1452. A bank need not recognize or give any effect to (1) any claim to a deposit of cas
- § 1455. Whenever a bank certifies a check, the amount thereof shall be immediately charge
- § 1460. A commercial bank shall not rediscount, borrow money, or hypothecate its assets a
- § 1463. A commercial bank may hypothecate its assets in any manner provided by law to sec
- § 1466. A commercial bank may issue negotiable certificates of deposit transferable by en
- § 1472. Subject to prior approval by the commissioner and to any limitations the commissi
- § 1485. The limitations of Section 1481 shall not apply to the following and the followin
- § 1486. A commercial bank may lend on the security of a first lien on real property or a
- § 1510. The total amount invested by a bank in the securities issued by a person shall no
- § 1512. Notwithstanding Section 1510, a bank may purchase, acquire, or hold the stock of
- § 1521. A commercial bank accepting savings deposits shall provide by its bylaws or by co
- § 1522. For the purposes of any law authorizing or providing for the deposit of funds wit
- § 1532. The Industrial Loan Account of the Financial Institutions Fund is renamed to be t
- § 1533. The commissioner shall annually levy on and collect from industrial banks authori
- § 1551. Any commercial bank or industrial bank, with the prior authorization of the commi
- § 1555. No foreign corporation, other than a national banking association or a foreign (o
- § 1560. It is the intent of the Legislature that the provisions of this article, insofar
- § 1561. For purposes of Section 1562, the following terms have the following meanings: (a
- § 1570. Every trust company shall deposit with the State Treasurer money or securities of
- § 1575. Should any security deposited pursuant to this article so depreciate in value as
- § 1578. The commissioner may, pursuant to Section 329, levy a civil penalty against any t
- § 1582. As used in this section: (1)
- § 1584. Any trust company acting in any capacity under a court or private trust or when a
- § 1585. For purposes of this section, two or more trust companies shall be deemed to be a
- § 1586. With regard to any participation certificates heretofore issued by any trust comp
- § 1402. A bank account that is a multiple-party account as defined in Section 5132 of the
- § 1407. An overdraft of more than 90 days standing shall not be allowed as an asset of an
- § 1411. For the purposes of this section: (1)
- § 1415. For purposes of this section, the following definitions apply: (1)
- § 1420. As used in this article: (a)
- § 1421. Prior to opening a deposit account a depository institution shall provide a writt
- § 1423. Except as otherwise provided in this section, any depository institution which fa
- § 1426. The commissioner is authorized to gather from depository institutions such inform
- § 1429. Funds deposited in an account at a depository institution shall be available on t
- § 1450. Notice to any bank of an adverse claim (the person making the adverse claim being
- § 1641. Whenever a bank receives personal property for safekeeping or storage as bailee a
- § 1642. If the amount charged by a bank for the safekeeping or storage of personal proper
- § 1647. The provisions of this article do not preclude any other remedy by action or othe
- § 1649. Whenever this article requires that notice be sent to a person, and the box stood
- § 1661. Each application filed with the commissioner for an approval under this chapter s
- § 1671. Each application filed with the commissioner under this chapter or under any regu
- § 1674. Fees shall be paid to and collected by the commissioner as follows: (a) The fee f
- § 1680. No foreign (other state) state bank may transact core banking business in this st
- § 1682. No foreign (other state) bank may establish or maintain a California branch offic
- § 1683. No foreign (other state) bank may establish or maintain a California branch offic
- § 1687. In case a foreign (other state) state bank that maintains a California branch off
- § 1650. Whenever an amount of safe-deposit rental, custody, safekeeping, or other charge
- § 1804. No foreign (other nation) bank which is licensed to maintain an agency or branch
- § 1805. A foreign (other nation) bank that is licensed to maintain an agency or branch of
- § 1806. In addition to other provisions of this division and Division 1 (commencing with
- § 1808. Each foreign (other nation) bank which is licensed to maintain a depositary agenc
- § 1811. In this section: (1)
- § 1812. In this section: (1)
- § 1830. If the commissioner finds that any person has violated any provision of this chap
- § 1831. If, after notice and a hearing, the commissioner finds any of the following with
- § 1833. Any foreign (other nation) bank whose license to maintain an office is suspended
- § 1835. If the commissioner finds that any of the factors set forth in Section 1831 is tr
- § 1850. As used in this article, unless the context otherwise requires,
- § 1852. When authorized by the previous written consent of the commissioner as provided b
- § 1855. Each corporation shall have power, under such rules and regulations as the commis
- § 1700. No provision of this article applies to an insured foreign (other state) bank tha
- § 1702. Not less than 30 days before an insured foreign (other state) bank establishes a
- § 1703. Not less than 30 days before establishing a facility, an insured foreign (other s
- § 1705. Not less than 30 days before an insured foreign (other state) bank closes a facil
- § 1711. In this section,
- § 1715. An uninsured foreign (other state) bank that is licensed to maintain a facility m
- § 1718.
- § 1719. Each uninsured foreign (other state) bank that is licensed to maintain a facility
- § 1721. No license is transferable or assignable.
- § 1750. In this chapter, unless the context otherwise requires: (a)
- § 1860. No corporation shall engage in commerce or trade in commodities except as specifi
- § 1862. No corporation shall be organized without adequate shareholders
- § 1868. No corporation shall be the holder of any shares of its own capital stock unless
- § 1870. No corporation shall by any system of accounting or any device of bookkeeping, di
- § 1874. Every corporation and foreign corporation shall also make such other special repo
- § 1856. Except with the approval of the commissioner, no corporation shall invest in any
- § 1876. Every corporation shall hold a meeting of its stockholders annually upon a date f
- § 1755. Fees shall be paid to, and collected by, the commissioner, as follows: (a) The fe
- § 1756. Each application filed with the commissioner under this chapter or under any regu
- § 1757. In this section,
- § 1762.
- § 1763. No license shall be transferable or assignable.
- § 1764. Each foreign (other nation) bank that is licensed to maintain an office shall pos
- § 1766. Whenever a foreign (other nation) bank is licensed to maintain two or more agenci
- § 1782. No foreign (other nation) bank that is licensed to maintain a representative offi
- § 1783. A foreign (other nation) bank that is licensed to maintain a representative offic
- § 1801. No foreign (other nation) bank shall be licensed to maintain any agency or branch
- § 1803.
- § 1880. Every officer, director, clerk, employee, or agent of any corporation who embezzl
- § 1881. Whoever being connected in any capacity with any corporation represents in any wa
- § 1884. At the time the application certificate is first submitted to the commissioner, s
- § 1888. The foreign corporation shall pay a license fee of five hundred dollars (
- § 1890. Whenever the commissioner shall have revoked the license of any such foreign corp
- § 1895. Whenever a state international or foreign banking or financing corporation surviv
- § 4847. A seller and purchaser shall make an agreement of sale, providing: (a) That the s
- § 4848. The agreement of sale shall be approved by the seller and purchaser, as follows:
- § 4853. In case a purchaser is a California state depository corporation, the provisions
- § 4855. If the commissioner finds all of the following with respect to an application for
- § 4857. After an application for approval of a sale has been approved and all conditions
- § 4859. When a sale becomes effective: (a) The purchaser shall succeed, without other tra
- § 4870. In this article, unless the context otherwise requires,
- § 4871.5. No provision of Division 1.1 (commencing with Section 1000), except the provision
- § 2062. A person may not provide money transmissions on behalf of a person not licensed o
- § 2081. A licensee shall at all times own eligible securities having an aggregate market
- § 2082.
- § 2083. In computing, for purposes of Section 2082, the aggregate value of eligible secur
- § 2086. If the commissioner finds that any security or class of securities that is not an
- § 2000. This division shall be known and may be cited as the Money Transmission Act.
- § 2003. For purposes of this division: (a)
- § 2010. This division does not apply to any of the following: (a) The United States or a
- § 2030. A person shall not engage in the business of money transmission in this state, or
- § 2032. An applicant for licensure under this division shall pay to the commissioner a no
- § 2035. No person shall, directly or indirectly, acquire control of a licensee unless the
- § 2036. The commissioner may impose on any authorization, approval, license, or order iss
- § 2037. As security, each licensee shall deposit and thereafter maintain on deposit with
- § 2038. Fees shall be paid to, and collected by, the commissioner, as follows: (a) The fe
- § 2039. The commissioner may, by order or regulation, grant exemptions from this section
- § 2040. Subject to subdivision (b), a licensee shall maintain at all times a tangible net