California · Through 2026-09-13

FIN § 1856

Where this section sits in the code

Financial Code - FIN
DIVISION 1.1. BANKING [1000. - 1910.]
CHAPTER 21. International and Foreign Banking and Financing [1850. - 1910.]
ARTICLE 1. International and Foreign Banking and Financing Corporations [1850. - 1897.]

Except with the approval of the commissioner, no corporation shall invest in any one corporation an amount in excess of 10 percent of its own shareholders’ equity, except in a corporation engaged in the business of banking, when 15 percent of its shareholders’ equity may be so invested.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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