California Financial Code ARTICLE 4 - Investments

• Section 1510.
  The total amount invested by a bank in the securities issued by a person shall not exceed 15 percent of the sum of the shareholders’...
• Section 1511.
  Section 1510 shall not apply to investments made pursuant to this section. A bank may invest in shares of an investment company (1) registered with...
• Section 1512.
  Notwithstanding Section 1510, a bank may purchase, acquire, or hold the stock of any corporation pursuant to a plan of reorganization approved by the commissioner...
• Section 1513.
  If any commercial bank has made investments which it was authorized to make at the time they were made it shall not be required to...
• Section 1514.
  A commercial bank may organize, sponsor, operate, control, or render investment advice to, an investment company, or underwrite, distribute, or sell securities of any investment...
• Section 1515.
  A bank or trust company may acquire stock in settlement or reduction of a loan or in exchange for an investment previously made in good...

Last modified: October 22, 2018