California Financial Code 183 – “Law of the domicile” means:(a) When used with respect to a …
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“Law of the domicile” means:
(a) When used with respect to a national bank, the law of the United States.
Terms Used In California Financial Code 183
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
(b) When used with respect to a state bank, the law of the state of the United States under which the bank is organized.
(c) When used with respect to a foreign (other nation) bank, the law of the foreign nation under which the bank is organized.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)