Cal. Fin. Code § 560

Current through the 2023 Legislative Session.
Section 560 - Transacting bank or trust company without certificate

No person who has not received a certificate from the commissioner authorizing it to engage in the banking business shall solicit or receive deposits, issue certificates of deposit with or without provision for interest, make payments on checks, or transact business in the way or manner of a bank or trust company.

Ca. Fin. Code § 560

Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.