Cal. Fin. Code § 1472

Current through the 2024 Legislative Session.
Section 1472 - Inapplicability of limitations to loans to and investments in securities of regulated corporations

Subject to prior approval by the commissioner and to any limitations the commissioner may impose, the limitations in Sections 1471, 1481, and 1510 shall not apply to loans made by a bank to, and the bank's investments in securities of, its regulated corporations.

Ca. Fin. Code § 1472

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