Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 1 - Commissioner of Business Oversight, Division of Financial InstitutionsSubchapter 10 - BanksArticle 4 - Establishment of California State BanksSubarticle 5 - Conversion of California National Bank into California State Bank
Part 1 - General Provisions
Section 10.4302 - Commencement of Business

Cal. Code Regs. tit. 10 § 10.4302

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Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Section 10.4302 - Commencement of Business

For purposes of this Subarticle, a subject institution shall be deemed to commence business at the time when the Commissioner issues to the subject institution a certificate of authority authorizing it to transact commercial banking business, trust business, or both, as the case may be.

Cal. Code Regs. Tit. 10, § 10.4302

1. Amendment of section heading and section and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

Note: Authority cited: Section 4831, Financial Code. Reference: Article 2, Chapter 5, Division 1.5, Financial Code.

1. Amendment of section heading and section and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).