California Financial Code ARTICLE 4 - Shareholders’ Equity

• Section 1150.
  In determining for purposes of this division whether the shareholders’ equity of a bank or of a proposed bank is adequate, the commissioner shall consider:(a) The...
• Section 1151.
  For purposes of any statute, regulation, or requirement of any governmental official or agency which refers to the capital (including, without limitation, stated capital, paid-in...
• Section 1152.
  A bank which has deficit retained earnings may, with the prior approval of its outstanding shares and of the commissioner, readjust its accounts in a...

Last modified: October 22, 2018