Financial Code section 1381

This chapter does not apply to a California state bank having an insured depository institution engage in authorized agency activities as its agent or to a California state bank engaging in authorized agency activities as agent for an insured depository institution in any case other than a case where, but for the provisions of Section 1389 and 1396, an office of the agent would for regulatory purposes be considered to be an office of the principal.

Source: Section 1381, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=1381.­ (updated Jan. 1, 2012; accessed Jul. 21, 2025).

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Verified:
Jul. 21, 2025

§ 1381's source at ca​.gov