{"data":{"id":"us-ca/fin-1780","jurisdiction":"us-ca","citation":"FIN § 1780","heading":"","body":"(a) No foreign (other nation) bank shall establish or maintain an office in this state at which it engages in representational functions unless it is licensed to maintain a representative office, agency, or branch office at that place.\n(b) (1) No person shall establish or maintain an office in this state as representative of a foreign (other nation) bank unless the bank is licensed to maintain the office as a representative office.\n(2) For purposes of this chapter, if any person establishes or maintains an office in this state as representative of a foreign (other nation) bank, the bank shall be deemed to establish and maintain the office as a representative office.\n(c) Neither subdivision (a) nor subdivision (b) shall be deemed to prohibit a foreign (other nation) bank that maintains a federal agency or federal branch in this state from establishing or maintaining one or more representative offices in this state.","path":["Financial Code - FIN","DIVISION 1.1. BANKING [1000. - 1910.]","CHAPTER 20. Foreign (Other Nation) Banks [1750. - 1835.]","ARTICLE 2. Representative Offices [1780. - 1784.]"],"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":"a41757c4fdfa28d73ee0a3d327fcc45242994f34b15f8ac4a3655b88d0e0ec9f","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1768","next":"us-ca/fin-1781"},"notice":"GroundRules: Original legal text. Not legal advice."}
