0 chapters · 2,290 sections in this title.
Fin. Code § 1670 Section 1670
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In this chapter, unless the context otherwise requires: (a) “Branch business unit” has the meaning set forth in subdivision (a) of Section 4840. (b) “Core banking business” means the business of receiving deposits, paying checks, making loans, and other activities that the commis…
Fin. Code § 1671 Section 1671
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Each application filed with the commissioner under this chapter or under any regulation or order issued under this chapter shall be in the form, shall contain the information, shall be signed in the manner, and shall (if the commissioner requires by regulation or order) be verifi…
Fin. Code § 1672 Section 1672
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(a) Each foreign (other state) bank that maintains a facility or a California branch office shall file with the commissioner such reports as and when the commissioner may by regulation or order require. (b) Each report filed with the commissioner under this chapter or under any r…
Fin. Code § 1673 Section 1673
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Each foreign (other state) bank that maintains a facility (other than a foreign (other state) national bank that maintains a California branch office) and each foreign (other state) state bank that maintains a California branch office shall make, keep, and preserve at the facilit…
Fin. Code § 1674 Section 1674
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Fees shall be paid to and collected by the commissioner as follows: (a) The fee for filing with the commissioner an application by an uninsured foreign (other state) bank for approval to establish a facility is two hundred fifty dollars ($250). (b) The fee for filing with the com…
Fin. Code § 1675 Section 1675
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(a) Any foreign (other state) state bank is exempted from the restrictions of Section 1 of Article XV of the California Constitution relating to rates of interest upon the loan or forbearance of any money, goods, or things in action or on accounts after demand. (b) This section d…
Fin. Code § 1676 Section 1676
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(a) In this section, “subject bank” means a bank organized under the laws of any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, or the Northern Mariana Islands. (b) Nothing in this chapter, except…
Fin. Code § 1680 Section 1680
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No foreign (other state) state bank may transact core banking business in this state except at a branch office established in accordance with federal law and the law of the domicile of the bank.
Fin. Code § 1681 Section 1681
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Section 1680 does not prohibit: (a) Any foreign (other state) state bank that does not maintain a California branch office from carrying on the activities described in subdivision (d) of Section 191 of the Corporations Code. (b) Any foreign (other state) state bank that does not …
Fin. Code § 1682 Section 1682
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No foreign (other state) bank may establish or maintain a California branch office unless it is qualified to transact intrastate business in this state under Chapter 21 (commencing with Section 2100) of Division 1 of Title 1 of the Corporations Code.
Fin. Code § 1683 Section 1683
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No foreign (other state) bank may establish or maintain a California branch office unless the bank is insured.
Fin. Code § 1684 Section 1684
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(a) (1) No foreign (other state) bank may merge as the surviving corporation with a California bank, except that an insured foreign (other state) bank may do so in accordance with federal law, the law of the domicile of the foreign (other state) bank, this chapter, and Division 1…
Fin. Code § 1685 Section 1685
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(a) No foreign (other state) bank that does not already maintain a California branch office may: (1) Merge as the surviving bank with a California bank pursuant to paragraph (1) of subdivision (a) of Section 1684, unless the California bank has been in existence for at least five…
Fin. Code § 1686 Section 1686
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The minimum age requirement set forth in Section 1685 does not apply in any case in which the factor set forth in subdivision (a) and any of the factors set forth in subdivision (b) apply. (a) The foreign (other state) bank, by itself or in concurrent transactions with other depo…
Fin. Code § 1687 Section 1687
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(a) In case a foreign (other state) state bank that maintains a California branch office is a commercial bank, in addition to other provisions of this division and Division 1 (commencing with Section 99) that are otherwise applicable to the bank, the following provisions of this …
Fin. Code § 1688 Section 1688
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Notwithstanding Section 1684, a foreign (other state) bank that does not maintain offices in California may merge with or purchase the whole business unit of a foreign (other state) bank that already maintains one or more offices in California in accordance with Section 1684 purs…
Fin. Code § 1700 Section 1700
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No provision of this article applies to an insured foreign (other state) bank that maintains a California branch office.
Fin. Code § 1701 Section 1701
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(a) No insured foreign (other state) bank may establish or maintain an office in this state at which it engages in noncore banking business unless the bank complies with this article and applicable provisions of Article 1 (commencing with Section 1670). (b) (1) No person may esta…
Fin. Code § 1702 Section 1702
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Not less than 30 days before an insured foreign (other state) bank establishes a facility, the bank shall file with the commissioner a report and the appointment required pursuant to Section 1703.
Fin. Code § 1703 Section 1703
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(a) Not less than 30 days before establishing a facility, an insured foreign (other state) bank shall file with the commissioner, in the form that the commissioner may by regulation or order require, an appointment irrevocably appointing the commissioner and the commissioner’s su…
Fin. Code § 1704 Section 1704
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Not less than 30 days before an insured foreign (other state) bank relocates a facility, it shall file a report with the commissioner.
Fin. Code § 1705 Section 1705
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Not less than 30 days before an insured foreign (other state) bank closes a facility, it shall file a report with the commissioner.
Fin. Code § 1710 Section 1710
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In this article, unless the context otherwise requires: (a) “Controlling person,” when used with respect to an uninsured foreign (other state) bank, means any person who directly or indirectly controls the bank. For purposes of this subdivision, “control” has the meaning set fort…
Fin. Code § 1711 Section 1711
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(a) In this section, “act” includes (without limitation) omission. (b) For purposes of making findings on an application by an uninsured foreign (other state) bank for approval to establish a facility: (1) The commissioner may, in the absence of credible evidence to the contrary,…
Fin. Code § 1712 Section 1712
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(a) No uninsured foreign (other state) bank may establish or maintain an office in this state at which it engages in noncore banking business unless the uninsured foreign (other state) bank is licensed to maintain the office as a facility. (b) (1) No person may establish or maint…
Fin. Code § 1713 Section 1713
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(a) No uninsured foreign (other state) bank may establish or maintain a facility unless the commissioner has first approved the establishment of the office and issued a license authorizing the bank to maintain the office. (b) If the commissioner finds all the following with respe…
Fin. Code § 1714 Section 1714
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(a) No uninsured foreign (other state) bank that is licensed to maintain a facility may relocate the office unless the commissioner has first approved the relocation and issued a license authorizing the bank to maintain the office at the new site. (b) If the commissioner finds th…
Fin. Code § 1715 Section 1715
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An uninsured foreign (other state) bank that is licensed to maintain a facility may, subject to any regulations that the commissioner may prescribe, engage in any noncore banking business at the office but may not solicit deposits, receive deposits, pay checks, make loans, or oth…
Fin. Code § 1716 Section 1716
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(a) (1) No uninsured foreign (other state) bank that is licensed to maintain a facility may close the office unless the commissioner has first approved the closing. (2) Paragraph (1) does not prohibit an uninsured foreign (other state) bank that is licensed to maintain a facility…
Fin. Code § 1717 Section 1717
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(a) Any uninsured foreign (other state) bank that holds a license to maintain a facility may voluntarily surrender the license by filing the license and a report with the commissioner. However, any uninsured foreign (other state) bank that holds licenses to maintain two or more f…
Fin. Code § 1718 Section 1718
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(a) (1) No uninsured foreign (other state) bank may be issued a license to maintain a facility unless it has first filed with the commissioner, in the form that the commissioner may by regulation or order require, an appointment irrevocably appointing the commissioner and the com…
Fin. Code § 1719 Section 1719
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Each uninsured foreign (other state) bank that is licensed to maintain a facility shall assign to the office a popular name that includes the term “facility” and that consists of a specific designation by name or number. The bank shall post the popular name and the name of the ba…
Fin. Code § 1720 Section 1720
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Each uninsured foreign (other state) bank that is licensed to maintain a facility shall post its license in a conspicuous place at the office.
Fin. Code § 1721 Section 1721
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No license is transferable or assignable.