{"data":{"id":"us-ca/fin-1133","jurisdiction":"us-ca","citation":"FIN § 1133","heading":"","body":"Notwithstanding the provisions of Section 1132, a bank or a majority-owned subsidiary of a bank may, with the prior approval of the commissioner, make a distribution to the shareholders of such bank in an amount not exceeding the greatest of:\n(a) The retained earnings of the bank;\n(b) The net income of the bank for its last fiscal year; or\n(c) The net income of the bank for its current fiscal year.","path":["Financial Code - FIN","DIVISION 1.1. BANKING [1000. - 1910.]","CHAPTER 5. Corporate Requirements [1100. - 1190.]","ARTICLE 3. Distributions to Shareholders [1130. - 1135.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"4430387751cbead5c90a94a0e202726454389609c99ae79ca24d288d8e00b0b8","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1132","next":"us-ca/fin-1134"},"notice":"GroundRules: Original legal text. Not legal advice."}
