Financial Code section 1466

A commercial bank may issue negotiable certificates of deposit transferable by endorsement and delivery and nonnegotiable certificates transferable only on the books of the bank.

Source: Section 1466, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1466. (updated Jan. 1, 2012; accessed Jun. 18, 2026).

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Up to date

Verified:
Jun. 18, 2026

§ 1466's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_1466

Original Source: Section 1466, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=1466. (last accessed May 12, 2025).