Without limiting the generality of Section 4300, nothing in this chapter requires a financial institution to open a deposit account for a principal at the request of an attorney-in-fact if the principal is not currently a depositor of the financial institution or to make a loan to the attorney-in-fact on the principal’s behalf if the principal is not currently a borrower of the financial institution.
(Added by Stats. 1994, Ch. 307, Sec. 16. Effective January 1, 1995.)
Last modified: October 25, 2018