§ 1460 A commercial bank shall not rediscount, borrow money, or hypothecate …
§ 1461 Assets hypothecated by a commercial bank as security for moneys …
§ 1462 A commercial bank may borrow money by discounting or otherwise, and …
§ 1463 A commercial bank may hypothecate its assets in any manner provided …
§ 1464 A commercial bank may borrow for the purpose of buying from the …
§ 1465 A commercial bank may rediscount with, borrow money from, or …
§ 1466 A commercial bank may issue negotiable certificates of deposit …
§ 1467 A commercial bank located in a place the population of which does not …

Terms Used In California Codes > Financial Code > Division 1.1 > Chapter 14 > Article 1 - General Provisions

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • 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.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.