California Financial Code 173 – (a) “Foreign,” when used with respect to a bank, an office of a …
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(a) “Foreign,” when used with respect to a bank, an office of a bank, or any corporation other than a bank, means foreign (other nation) or foreign (other state).
(b) “Foreign banking corporation” means a foreign bank.
Terms Used In California Financial Code 173
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)