{"data":{"id":"us-ca/fin-1135","jurisdiction":"us-ca","citation":"FIN § 1135","heading":"","body":"If the commissioner finds that the shareholders’ equity of a bank is not adequate or that the making by a bank or by any majority-owned subsidiary of a bank of a distribution to the shareholders of the bank would be unsafe or unsound for the bank, the commissioner may order the bank and its majority-owned subsidiaries not to make any distribution to the shareholders of the bank. In addition to the order authorized by this section, the commissioner may levy a civil penalty against the bank pursuant to Section 329.","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":"666eb19765dcc25dee4f23bf7773ce6ee6c4859304fa52603755a1aa444f6ff8","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1134","next":"us-ca/fin-1150"},"notice":"GroundRules: Original legal text. Not legal advice."}
