Corporations Code section 29511

“Financial institution” means (a) a national bank or a bank or trust company incorporated under the laws of this state, (b) a federal savings and loan association or federal savings bank, or (c) a federally insured bank chartered by a state of the United States when the commodity depository activities of the bank are supervised by the bank regulator of that state.

Source: Section 29511, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=29511.­ (updated Jan. 1, 1990; accessed Jul. 6, 2026).

Green check means up to date. Up to date

Verified:
Jul. 6, 2026

§ 29511's source at ca​.gov