{"data":{"id":"us-ca/fin-1550","jurisdiction":"us-ca","citation":"FIN § 1550","heading":"","body":"No corporation shall engage in the trust business unless:\n(a) Its articles comply with the requirements of subdivision (b), (d), or (e) of Section 1100; and\n(b) It has received from the commissioner a certificate of authority pursuant to Section 1042 to engage in the trust business, or, if it is a bank, has received the authorization of the commissioner to engage in the trust business; and\n(c) It has deposited with the State Treasurer money or securities in compliance with Article 3 (commencing with Section 1570) of this chapter.","path":["Financial Code - FIN","DIVISION 1.1. BANKING [1000. - 1910.]","CHAPTER 16. Trust Companies [1550. - 1613.]","ARTICLE 1. General Provisions [1550. - 1557.]"],"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":"9242a0ea7db6c6a833a9e38cb0c3b246e0a0c1d60dc54989213dee61fbb27fd5","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1542","next":"us-ca/fin-1551"},"notice":"GroundRules: Original legal text. Not legal advice."}