Financial Code section 113

“Industrial banking business” includes the making of loans and acceptance of deposits, including deposits evidenced by investment or thrift certificates, but excluding demand deposits.

Source: Section 113, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=113. (updated Jan. 1, 2012; accessed Jun. 23, 2025).

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Up to date

Verified:
Jun. 23, 2025

§ 113's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_113

Original Source: Section 113, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=113. (last accessed May 12, 2025).