California § 1387 - In determining whether to approve or deny an application by a California state ba
Full text of California Public Contract Code - PCC § 1387 — In determining whether to approve or deny an application by a California state ba, with citation guidance and answers to common questions.
§ 1387. In determining whether to approve or deny an application by a California state ba
In determining whether to approve or deny an application by a California state bank for approval to have an insured depository institution engage in authorized agency activities as its agent, the commissioner shall consider both of the following: (a) Whether the proposed agency arrangement is consistent with the safe and sound operation of the California state bank. (b) Any other factors that the commissioner deems relevant.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1387
What does Public Contract Code - PCC § 1387 cover?
Section 1387 ("In determining whether to approve or deny an application by a California state ba") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1387?
A common citation format is "Public Contract Code - PCC § 1387" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1387 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.