Financial Code section 1366

A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.

Source: Section 1366, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1366. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 1366’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_1366

Original Source: Section 1366, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1366. (last accessed Apr. 24, 2025).