{"data":{"id":"us-ca/gov-57605","jurisdiction":"us-ca","citation":"GOV § 57605","heading":"","body":"For the purposes of Section 1280 of the Financial Code, any person or entity, including a local agency, that owns, controls, or holds an ownership interest in a public bank is not a bank holding company by reason of that ownership interest.","path":["Government Code - GOV","TITLE 5. LOCAL AGENCIES [50001. - 57607.]","DIVISION 5. Public Banks [57600. - 57607.]"],"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":"6522ed0eccd83118b56aac6e5b36c755cae43bf113061953973d2b5d914791c4","source_id":"us-ca","stale":false,"prev":"us-ca/gov-57604","next":"us-ca/gov-57606"},"notice":"GroundRules: Original legal text. Not legal advice."}