California Business and Professions Code 6091.2 – As used in Section 6091.1:(a) “Financial institution” means a …
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As used in Section 6091.1:
(a) “Financial institution” means a bank, savings and loan, or other financial institution serving as a depository for attorney trust accounts under subdivision (a) or (b) of Section 6211.
Terms Used In California Business and Professions Code 6091.2
- State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
- Subdivision: means a subdivision of the section in which that term occurs, unless some other section is expressly mentioned. See California Business and Professions Code 15
(b) “Properly payable” means an instrument that, if presented in the normal course of business, is in a form requiring payment under the laws of this state.
(c) “Notice of dishonor” means the notice that a financial institution is required to give, under the laws of this state, upon presentation of an instrument that the institution dishonors.
(Amended by Stats. 2007, Ch. 422, Sec. 1. Effective January 1, 2008.)