No subject institution which is a commercial bank shall commence business unless it is an insured bank.
Cal. Code Regs. Tit. 10, § 10.4468
2. New section and NOTE filed 4-14-98; operative 5-14-98 (Register 98, No. 16).
Note: Authority cited: Section 4831, Financial Code. Reference: Sections 4832, 4941, 4944, 4945 and 4948, Financial Code.
2. New section and Note filed 4-14-98; operative 5-14-98 (Register 98, No. 16).