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Cal. FIN § 1361

California Statutes

As used in this article: (a) “Bank” means:

(1) Any commercial bank, industrial bank, or trust company incorporated under the laws of this state.

(2) Any foreign (other nation) bank that is licensed by the commissioner under

Article 3 (commencing with

Section 1800) of

Chapter to maintain a depositary agency or branch office, as defined in

Section 1750, in this state, with respect to any office of that type.

(3) Any corporation incorporated under the laws of this state that is incorporated for the purpose of engaging in, or that is authorized by the commissioner to engage in, business under

Article 1 (commencing with

Section 1850) of

Chapter 21.

(4) Any foreign corporation that is licensed by the commissioner under

Article 1 (commencing with

Section 1850) of

Chapter to maintain an office in this state and to transact at the office business under that article, with respect to any office of that type.

(5) When used to designate a person that extends credit, any subsidiary of a bank, as defined in paragraph (1), (2), (3), or (4). (b) “Company” has the meaning set forth in subdivision (

b) of

Section 215.2 of Regulation O. (c) “Executive officer” has the meaning set forth in paragraph (1) of subdivision (

e) of

Section 215.2 of Regulation O. Also, “executive officer,” when used with respect to any bank of the type described in paragraph (2) or (4) of subdivision (a), includes the manager of each office of the type referred to in paragraph (2) or (4) of subdivision (

a) that the bank maintains in this state. (d) “Extension of credit” has the meaning set forth in

Section 215.3 of Regulation O. However, for purposes of this subdivision, the term “member bank,” as used in

Section 215.3, means a bank. (e) “Regulation O” means Regulation O (Part 215 (commencing with

Section 215.1) of Title of the Code of Federal Regulations) of the Board of Governors of the Federal Reserve System. (f) “Subsidiary” has the meaning set forth in

Section 1841(

d) of Title of the United States Code. However, for purposes of this subdivision, the term “bank holding company,” as used in

Section 1841(

d) of Title of the United States Code, means a bank holding company, as defined in

Section 1841(

a) of Title of the United States Code, or a bank, and the term “board,” as used in

Section 1841(

d) of Title of the United States Code, means the commissioner.

Document details

CollectionCalifornia Statutes
CitationCal. FIN § 1361
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierFIN1361.20112433

Loans to Insiders

Cal. FIN § 1361

California Statutes

Loans to Insiders

Cal. FIN § 1361

California Statutes

As used in this article: (a) “Bank” means:

(1) Any commercial bank, industrial bank, or trust company incorporated under the laws of this state.

(2) Any foreign (other nation) bank that is licensed by the commissioner under

Article 3 (commencing with

Section 1800) of

Chapter to maintain a depositary agency or branch office, as defined in

Section 1750, in this state, with respect to any office of that type.

(3) Any corporation incorporated under the laws of this state that is incorporated for the purpose of engaging in, or that is authorized by the commissioner to engage in, business under

Article 1 (commencing with

Section 1850) of

Chapter 21.

(4) Any foreign corporation that is licensed by the commissioner under

Article 1 (commencing with

Section 1850) of

Chapter to maintain an office in this state and to transact at the office business under that article, with respect to any office of that type.

(5) When used to designate a person that extends credit, any subsidiary of a bank, as defined in paragraph (1), (2), (3), or (4). (b) “Company” has the meaning set forth in subdivision (

b) of

Section 215.2 of Regulation O. (c) “Executive officer” has the meaning set forth in paragraph (1) of subdivision (

e) of

Section 215.2 of Regulation O. Also, “executive officer,” when used with respect to any bank of the type described in paragraph (2) or (4) of subdivision (a), includes the manager of each office of the type referred to in paragraph (2) or (4) of subdivision (

a) that the bank maintains in this state. (d) “Extension of credit” has the meaning set forth in

Section 215.3 of Regulation O. However, for purposes of this subdivision, the term “member bank,” as used in

Section 215.3, means a bank. (e) “Regulation O” means Regulation O (Part 215 (commencing with

Section 215.1) of Title of the Code of Federal Regulations) of the Board of Governors of the Federal Reserve System. (f) “Subsidiary” has the meaning set forth in

Section 1841(

d) of Title of the United States Code. However, for purposes of this subdivision, the term “bank holding company,” as used in

Section 1841(

d) of Title of the United States Code, means a bank holding company, as defined in

Section 1841(

a) of Title of the United States Code, or a bank, and the term “board,” as used in

Section 1841(

d) of Title of the United States Code, means the commissioner.

Document details

CollectionCalifornia Statutes
CitationCal. FIN § 1361
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierFIN1361.20112433
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