Cal. Fin. Code § 1428

Current through the 2023 Legislative Session.
Section 1428 - Regulations providing for different period of time for withdrawal

The commissioner is authorized to issue regulations which provide for a different period of time for withdrawal as a matter of right against deposited items, if there has been a determination that the application of the regulations adopted pursuant to this article would result in unsafe or unsound practices by a depository institution subject to the regulatory jurisdiction of the commissioner.

Ca. Fin. Code § 1428

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.