§ 1600 A trust company has the following powers:(a) It may act, or may …
§ 1601 For the purposes of this chapter, all trusts and other business …
§ 1602 A trust company, its officers and employees, shall not disclose any …
§ 1603 The commissioner shall examine the court trust business of a trust …
§ 1604 In making the reports to the commissioner required by this division, …
§ 1605 Any court having jurisdiction of any executor, administrator, …
§ 1606 Securities held by a trust company by direction of any court order …
§ 1607 Whenever an executor, administrator, guardian or conservator of …
§ 1608 Whenever any corporation desires to withdraw from and discontinue …
§ 1609 The validity or legality of any act or proceeding done or taken by …
§ 1610 Nothing in this chapter shall make it unlawful for any person or …
§ 1611 A bank or trust company shall not mingle trust funds received by it …
§ 1612 Notwithstanding any other provision of law, any bank and any trust …
§ 1613 Notwithstanding any other provision of law, any bank and any trust …

Terms Used In California Codes > Financial Code > Division 1.1 > Chapter 16 > Article 5 - Miscellaneous

  • Arrest: Taking physical custody of a person by lawful authority.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • 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.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Oath: A promise to tell the truth.
  • Oath: includes affirmation. See California Financial Code 16
  • Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
  • Personal property: All property that is not real property.
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
  • Subpoena: A command to a witness to appear and give testimony.
  • Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8