GroundRules
FIN § 1394
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.1. BANKING [1000. - 1910.]
- CHAPTER 11. Agency Activities [1380. - 1397.]
- ARTICLE 3. California State Bank as Agent [1391. - 1397.]
In determining whether to approve or deny an application by a California state bank for approval to engage in authorized agency activities as agent for an insured depository institution, the commissioner shall consider both of the following factors:
(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