GroundRules
FIN § 1040
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.1. BANKING [1000. - 1910.]
- CHAPTER 3. Authorization to Engage in Banking [1040. - 1048.]
In this article:
(a) “Preopening expenditure” means any obligation incurred, or sum disbursed, by a bank prior to the time when it commences to transact banking business, for the purpose of organizing such bank.
(b) “Preopening noncapital expenditure” means any preopening expenditure other than such preopening expenditures as may be capitalized.
Collected 2026-09-14T05:56:33Z. Source file · JSON