{"data":{"id":"us-ca/fin-1387","jurisdiction":"us-ca","citation":"FIN § 1387","heading":"","body":"In determining whether to approve or deny an application by a California state bank for approval to have an insured depository institution engage in authorized agency activities as its agent, the commissioner shall consider both of the following:\n(a) Whether the proposed agency arrangement is consistent with the safe and sound operation of the California state bank.\n(b) Any other factors that the commissioner deems relevant.","path":["Financial Code - FIN","DIVISION 1.1. BANKING [1000. - 1910.]","CHAPTER 11. Agency Activities [1380. - 1397.]","ARTICLE 2. California State Bank as Principal [1384. - 1390.]"],"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":"3f443c88581103e2dc697e996bafa8ad97b5e8f2537b6f2953a084cff94d44f7","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1386","next":"us-ca/fin-1388"},"notice":"GroundRules: Original legal text. Not legal advice."}