Cal. Fin. Code § 1366

Current through the 2023 Legislative Session.
Section 1366 - Loan for benefit of trust

A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.

Ca. Fin. Code § 1366

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