Section 10.9301 - Scope of Business of Place of Business(a) No subject institution shall transact at any place of business any business other than business which is, or which is incidental to: (1) Business which the certificate of authority for the place of business specifically authorizes the subject institution to transact at the place of business; or(2) If the certificate of authority for the place of business does not specify any business which the subject institution is authorized to transact at the place of business, the business which the subject institution, in the application for authority to establish the place of business, proposed to transact at the place of business.(b) No subject institution shall transact at any place of business any business other than business which, in case such subject institution is a commercial bank, is an authorized business of a California state commercial bank or which, in case the subject institution is a trust company, is an authorized business of a California state trust company.(c) No subject institution shall transact branch banking business at any place of business.Cal. Code Regs. Tit. 10, § 10.9301
1. Amendment of subsection (b) and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15). Note: Authority cited: Section 215, Financial Code. Reference: Section 544, Financial Code.
1. Amendment of subsection (b) and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).