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Current as of January 01, 2025 | Updated by Findlaw Staff
If the commissioner finds that any activity performed by an insured depository institution as agent for a California state bank is not an authorized agency activity or that the agency arrangement is inconsistent with safe and sound banking practices, the commissioner may order the California state bank to terminate the agency arrangement.
Cite this article: FindLaw.com - California Code, Financial Code - FIN § 1390 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-1390/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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