California Financial Code 1753 – For purposes of this chapter, offices of foreign (other nation) banks …
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For purposes of this chapter, offices of foreign (other nation) banks are divided into classes and ranked in ascending order, as follows:
(a) Representative office.
Terms Used In California Financial Code 1753
- Agency: means a depositary agency or a nondepositary agency. See California Financial Code 1750
- Branch office: means a limited branch office, a retail branch office, or a wholesale branch office. See California Financial Code 1750
- Office: when used with respect to a foreign (other nation) bank, means any agency, branch office, or representative office of the bank. See California Financial Code 1750
(b) Nondepositary agency.
(c) Depositary agency.
(d) Limited branch office.
(e) Wholesale branch office.
(f) Retail branch office.
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)