Cal. Fin. Code § 1465

Current through the 2023 Legislative Session.

Section 1465 - Security for money borrowed from Federal Reserve bank, FDIC or FHLB

A commercial bank may rediscount with, borrow money from, or hypothecate its assets as security for money borrowed from a Federal Reserve bank, the Federal Deposit Insurance Corporation, or the Federal Home Loan Bank.

Ca. Fin. Code § 1465

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