California Financial Code CHAPTER 2 - Application

• Section 1020.
  The request for authority to organize and establish a corporation to engage in the banking or trust business shall be set forth in an application...
• Section 1021.
  Upon receiving a request for an application, the commissioner shall inform the prospective applicant in writing that the commissioner is available to confer with such...
• Section 1022.
  Upon the filing of an application the commissioner shall make or cause to be made a careful investigation and examination relative to the following:(a) The character,...
• Section 1023.
  The commissioner may give or withhold his or her approval of the application in his or her discretion, but he or she shall not approve...
• Section 1024.
  (a) In this section, “control” has the meaning set forth in Section 1250.(b) For purposes of Section 1023, the commissioner may find:(1) That a proposed officer or director...
• Section 1025.
  At least 30 days before denying an application, the commissioner shall by mail or other method of service give written notice of the intended denial...
• Section 1026.
  The commissioner may, in approving an application to organize and establish a corporation to engage in the banking or trust business pursuant to Section 1023,...
• Section 1027.
  (a) With the approval of the commissioner, a bank may be formed to facilitate a merger or an acquisition of control. The new bank may...

Last modified: October 22, 2018