California Financial Code CHAPTER 4 - Bank Offices

  • Section 1070.
    For purposes of this chapter, the following definitions apply:(a) “Automated teller machine” means any electronic information processing device used by a financial institution and its customers...
  • Section 1071.
    The commissioner shall issue a certificate in duplicate authorizing a bank to establish and maintain an office. A bank shall pay a fee of twenty-five...
  • Section 1072.
    Every bank shall establish and maintain a head office which shall be located in this state.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664)...
  • Section 1073.
    A bank, with the approval of its board, may establish and maintain one or more offices.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664)...
  • Section 1074.
    A bank, with the approval of its board, may relocate an office.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)
  • Section 1075.
    A bank, with the approval of its board, may redesignate offices.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)
  • Section 1076.
    Each time a bank establishes an office, relocates an office, or redesignates an office, the bank shall, within 10 days of the establishment, relocation, or...
  • Section 1077.
    On or before January 1 of each year, every bank shall file with the commissioner a list of all offices that are currently maintained and...
  • Section 1078.
    (a) A bank may close or discontinue the operation of any branch office if, before the closing or discontinuance, (1) the bank files with the commissioner...
  • Section 1079.
    If the commissioner finds for any reason that the establishment, relocation, or redesignation of office would be unsafe or unsound for a bank, the commissioner...
  • Section 1080.
    If a bank violates any provision of this chapter or fails to comply with any order, the commissioner may levy a penalty against the bank...
  • Section 1081.
    A bank, with the approval of its board, may discontinue a facility office. Within 10 days of the date of the closure of the facility...
  • Section 1082.
    Any bank that establishes a branch office in this state in accordance with Section 36(g)(1)(A) of the National Bank Act (12 U.S.C. Sec. 36(g)(1)(A)), or...
  • Section 1083.
    (a) A bank may participate in a financial education program that involves receiving deposits or paying withdrawals on the premises of, or at a facility used...

Last modified: October 22, 2018