California Financial Code ARTICLE 1 - Depositors

  • Section 1400.
    A bank account by or in the name of a minor shall be held for the exclusive right and benefit of such minor and shall...
  • Section 1401.
    A bank account by or in the name of a married person shall be held for the exclusive right and benefit of the person, shall...
  • Section 1402.
    A bank account that is a multiple-party account as defined in Section 5132 of the Probate Code is governed by Part 2 (commencing with Section...
  • Section 1403.
    No bank, directly or indirectly, by any device whatever, shall pay any interest on any demand deposit except to the extent that the payment of...
  • Section 1404.
    Notwithstanding Section 10145 of the Business and Professions Code or any other provision of law, but subject to the limitations of Section 854, benefits accruing...
  • Section 1405.
    (a) Notwithstanding Section 10145 of the Business and Professions Code or any other provision of law, benefits accruing from the placement in an interest bearing account...
  • Section 1406.
    (a) In this section:(1) “Creditor” includes, but is not limited to, a depositor.(2) “Insolvency,” when used with respect to a bank, means that the bank is unable to...
  • Section 1407.
    An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.(Added by Stats. 2011, Ch. 243, Sec. 3....
  • Section 1408.
    A bank may act as a depositary, paying agent, trustee, or fiscal agent for the holding or handling of public funds or securities notwithstanding the...
  • Section 1409.
    When a statement of account has been rendered by a bank to a depositor accompanied by vouchers, if any, which are the basis for debit...
  • Section 1410.
    (a) No bank shall impose any charge on a savings account or on a depositor for the failure of a depositor to deposit, or for the...
  • Section 1411.
    (a) For the purposes of this section:(1) “Customer” means one or more natural persons.(2) “Debt” means an interest-bearing obligation or an obligation which by its terms is payable...

Last modified: October 22, 2018