California Financial Code ARTICLE 1 - General Provisions

• Section 1320.
  A bank or trust company may purchase, acquire, hold, or lease real property or an interest therein only as follows:(a) Such as may be necessary or...
• Section 1321.
  Any real property not held for any purpose permitted by subdivisions (a) and (e) of Section 1320 shall be sold whenever the same can be...
• Section 1322.
  (a) The Legislature finds and declares:(1) That it is necessary to increase job opportunities in real estate development and construction and to provide additional housing and commercial...
• Section 1323.
  Any director, officer, or employee of a bank or of a foreign banking corporation who asks for or receives, or consents or agrees to receive,...
• Section 1324.
  Any director, officer, agent, or employee of any bank who knowingly receives or possesses himself or herself of any of its property otherwise than in...
• Section 1325.
  Any director, officer, agent, or employee of a bank who knowingly concurs in making or publishing any written report, exhibit, or statement of its affairs...
• Section 1326.
  No bank shall publish a statement of its resources or liabilities in connection with those of any other bank, unless such statement shall show the...
• Section 1327.
  (a) Any person who willfully and knowingly makes, circulates, or transmits to another or others, any statement or rumor, written, printed, or by word of mouth,...
• Section 1328.
  (a) A bank or trust company may engage in the business of renting safe deposit boxes and may receive personal property for safekeeping and storage on...
• Section 1329.
  (a) In this section, “subject person,” when used with respect to a bank, means any director or officer of the bank, any controlling person of the...
• Section 1330.
  (a) In this section, “subject person” has the meaning set forth in subdivision (a) of Section 1329.(b) No subject person of a bank shall purchase, directly or...
• Section 1331.
  (a) For purposes of this section, the following terms have the following meanings:(1) “Carrying a security” means maintaining, reducing, or retiring indebtedness originally incurred to acquire a...
• Section 1332.
  Any officer, director, trustee, employee, or agent of any bank in this state, who abstracts or willfully misapplies any of the money, funds, or property...
• Section 1333.
  (a) Every director of a bank in this state who does either of the following is guilty of a misdemeanor:(1) In case of the fraudulent insolvency of...
• Section 1334.
  An officer or agent of any bank in this state, who makes or delivers any guaranty or endorsement on behalf of such bank, whereby it...
• Section 1335.
  A director of a bank, organized under the laws of this state, who concurs in any vote or act of the directors of such corporation,...
• Section 1336.
  Any director, trustee, officer, or employee of any bank organized under the laws of this state, who makes or maintains, or attempts to make or...
• Section 1337.
  Any officer or employee of any bank organized under the laws of this state, who intentionally conceals from the directors of the bank any discounts...
• Section 1338.
  Every officer, agent, teller, or clerk of any bank, and every individual banker, or agent, teller, or clerk of any individual banker, who receives any...
• Section 1339.
  Any officer, director, trustee, employee, or agent of any bank, who willfully makes a false or untrue entry in any book or record or in...
• Section 1340.
  Unless specifically authorized by law or by the commissioner, a bank shall not become, act as, or in any other manner assume the duties or...
• Section 1341.
  A bank, or the agent of a bank, that has received a notice pursuant to Section 7507.6 of the Business and Professions Code, shall not...

Last modified: October 22, 2018