GroundRules
FIN § 40500
Where this section sits in the code
- Financial Code - FIN
- DIVISION 19. RELEASE OF DEMAND DEPOSIT FUNDS [40500. - 40501.]
It is the intent of the Legislature that a financial institution shall not transfer funds from a depositor’s account unless authorization has been granted by that depositor. This division is declaratory of existing case law and is intended to codify the law for the convenience of the public, regulatory authorities, and financial institutions.
Collected 2026-09-14T05:56:33Z. Source file · JSON