Cal. Fin. Code § 503

Current through the 2023 Legislative Session.
Section 503 - Special audit of bank's affairs

The commissioner, whenever in his or her opinion the condition of the bank, trust company, or foreign banking corporation is such as to require such audit, may require any bank, trust company, or foreign banking corporation to employ a certified public accountant to make a special audit of the affairs of such bank or trust company at its expense.

Ca. Fin. Code § 503

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