California Financial Code ARTICLE 1 - General Provisions

• Section 1550.
  No corporation shall engage in the trust business unless:(a) Its articles comply with the requirements of subdivision (b), (d), or (e) of Section 1100; and(b) It has...
• Section 1551.
  Any commercial bank or industrial bank, with the prior authorization of the commissioner, may engage in the trust business, if its articles comply with the...
• Section 1552.
  No California state bank may engage in trust business at a place unless the place is its head office, an authorized branch office, or an...
• Section 1553.
  The following persons are exempt from Section 1550:(a) Any natural person serving as trustee of one or more trusts where at least one trustor is a...
• Section 1554.
  In this section, “subject national banking association” means a national banking association that (a) maintains its main office or a branch office in this state,...
• Section 1555.
  No foreign corporation, other than a national banking association or a foreign (other state) state bank that is authorized to conduct a trust business in...
• Section 1556.
  Pursuant to the authority contained in Section 1 of Article XV of the California Constitution, the restrictions upon rates of interest contained in Section 1...
• Section 1557.
  The Legislature finds and declares that it is important to inform taxpayers that they may make voluntary contributions to certain funds or programs, as provided...

Last modified: October 22, 2018