GroundRules
FIN § 1387
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.1. BANKING [1000. - 1910.]
- CHAPTER 11. Agency Activities [1380. - 1397.]
- ARTICLE 2. California State Bank as Principal [1384. - 1390.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON