reglab/statecodes huggingface dataset:
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.147 - Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) "Office," when
					 used with respect to a bank, has the meaning set forth in Financial Code
					 Section
					 121.
(b) "Office," when used with respect to a
					 foreign bank, means any agency, branch office, or representative
					 office.
1.
						Amendment filed 10-15-81 as an emergency; effective upon filing (Register 81,
						No. 44). A Certificate of Compliance must be transmitted to OAL within 120 days
						or emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending subsection (a) and
						NOTE filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Sections
						  121 and
						  1750,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.148 - Officer

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Officer" means:
(a) When used with respect to a corporation,
					 any person appointed or designated as an officer of such corporation by or
					 pursuant to applicable law or the articles or by-laws of the corporation (or,
					 in case the corporation has no articles or by-laws, the closest equivalent
					 documents) or any person who performs with respect to the corporation functions
					 usually performed by an officer of a corporation. However, "officer" does not
					 include any director of a corporation who neither participates nor has
					 authority to participate in the management or affairs of such corporation
					 otherwise than in the capacity of a director.
(b) When used with respect to a specified
					 person other than a corporation, any person who performs with respect to such
					 specified person functions usually performed by an officer of a corporation
					 with respect to such corporation.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.149 - Officer of Commercial Banking Department

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Officer of commercial banking department," when used
						with respect to a commercial bank with trust department, means any officer of
						such bank who is appointed as an officer of the commercial banking department
						of the bank or who regularly devotes a substantial amount of his time in his
						capacity as an officer of the bank to the business of the commercial banking
						department of the bank.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.150 - Officer of Trust Department

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Officer of trust department," when used with respect to
						a commercial bank with trust department or a title insurance and trust company,
						means any officer of such commercial bank with trust department or of such
						title insurance and trust company, as the case may be, who is appointed as an
						officer of the trust department of such institution or who regularly devotes a
						substantial amount of his time in his capacity as an officer of the institution
						to the business of the trust department of the institution.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.151 - Organizer

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Organizer," when used with respect to a corporation or
						other organization, means:
(a) Any
					 person who, alone or in conjunction with one or more other persons, directly or
					 indirectly takes the initiative in founding and organizing the business or
					 enterprise of the corporation or other organization. In the case of a public
					 bank, organizer means the local agency or agencies that file an application for
					 a public bank charter; or
(b) Any
					 person who, in connection with the founding and organizing of the business or
					 enterprise of the corporation or other organization, directly or indirectly
					 receives in consideration of services or property, or both, 10% or more of any
					 class of securities of the corporation or other organization or 10% or more of
					 the proceeds from the sale of any class of such securities. However, any person
					 who receives such securities or proceeds either solely as underwriting
					 commissions or solely in consideration of property shall not be deemed to be an
					 organizer if that person does not otherwise take part in founding and
					 organizing the corporation or other organization.
Each person who applies for authority to organize a
						California state bank and each person who is proposed in such application to be
						a director or the chief executive officer of such bank is rebuttably presumed
						to be an organizer of such bank.
1.
						Amendment of subsections (a)-(b) and new NOTE filed 9-14-2021; operative
						1-1-2022 (Register 2021, No. 38).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1022,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.152 - Parent

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Parent," when used with respect to a specified person
						(other than an individual), means any person (other than an individual) which
						controls such specified person, directly or indirectly through one or more
						intermediaries.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.153 - Person

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Person" has the meaning set forth in Section
						1.1022 of this Chapter. However,
						"person," when used with respect to acquiring control of or controlling a bank,
						has the meaning set forth in Financial Code Section
						1250(d),
						and when used with respect to foreign (other nation) deposits, has the meaning
						set forth in Financial Code Section
						1805(a)(2).
1.
						Amendment filed 10-15-81 as an emergency; effective upon filing (Register 81,
						No. 44). A Certificate of Compliance must be transmitted to OAL within 120 days
						or emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending section and NOTE
						filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Sections
						  1250 and
						  1805,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.154 - Personal Property

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Personal property" has the meaning set forth in Civil
						Code Section
						663.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.155 - Place of Business

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Place of business," when used with respect to a
						California state bank, has the meaning set forth in Financial Code Section
						540.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.155.5 - Primary Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Primary office," when used with respect to a foreign
						(other nation) bank, has the meaning set forth in Financial Code Section
						1750(m).
1. New
						section filed 10-15-81 as an emergency; effective upon filing (Register 81, No.
						44). A Certificate of Compliance must be transmitted to OAL within 120 days or
						emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending section and NOTE
						filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1750,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.156 - Primary Service Area. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.157 - Private Trust

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Private trust" has the meaning set forth in Financial
						Code Section
						1601.
1. Change
						without regulatory effect amending section and NOTE filed 8-21-2019 pursuant to
						section 100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1601,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.158 - Publish

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Publish" means publicly to issue or circulate by
						newspaper, mail, radio, or television, or otherwise to disseminate to the
						public.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.159 - Real Property

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Real property" has the meaning set forth in Civil Code
						Section
						658.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.160 - Registered Bank Holding Company

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Registered bank holding company" means a person which is
						registered as a bank holding company with the Board of Governors of the Federal
						Reserve System pursuant to the Bank Holding Company Act of
						1956.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.161 - Regular Branch Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Regular branch office," when used with respect to a
						California state bank, means any branch office of such bank other than a
						special branch office.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.161.5 - Representative Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Representative office," when used with respect to a
						foreign bank, has the meaning set forth in Financial Code Section
						1750(n).
						In addition, "representative office" includes any foreign (other state) office
						of a foreign bank which is substantially equivalent to a representative office,
						as defined in Financial Code Section
						1750(n).
1. New
						section filed 10-15-81 as an emergency; effective upon filing (Register 81, No.
						44). A Certificate of Compliance must be transmitted to OAL within 120 days or
						emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending section and NOTE
						filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1750,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.162 - Reserve Depositary. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.162.5 - Retail Branch Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Retail branch office," when used with respect to a
						foreign (other nation) bank, has the meaning set forth in Financial Code
						Section
						1750(o).
						In addition, "retail branch office" includes any foreign (other state) office
						of a foreign (other nation) bank which is substantially equivalent to a retail
						branch office, as defined in Financial Code Section
						1750(o).
1. New
						section filed 10-15-81 as an emergency; effective upon filing (Register 81, No.
						44). A Certificate of Compliance must be transmitted to OAL within 120 days or
						emergency language will be repealed on 2-12-81.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending section and NOTE
						filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1750,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.163 - Savings Deposit

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.164 - Secondary Service Area. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.165 - Security

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Security" has the meaning set forth in Corporations Code
						Section
						25019.
						However, "security," when used to denote a security issued by a bank, has the
						meaning set forth in Financial Code Section
						1200(c).
1. Change
						without regulatory effect amending section and adding NOTE filed 8-21-2019
						pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  1200,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.166 - Service Area. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.166.1 - Stockholder

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
For a public bank, "stockholder" means membership or
						member in the public bank.
1. New
						section filed 9-14-2021; operative 1-1-2022 (Register 2021, No.
						38).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Sections
						  1008 and
						  1022,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.167 - Special Branch Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Special branch office," when used with respect to a
						California state bank, has the meaning set forth in Section
						10.6001(n) of
						this Chapter.
1.
						Amendment of section and new NOTE filed 4-7-97; operative 4-7-97 pursuant to
						Government Code section
						11343.4(d)
						(Register 97, No. 15).
Note: Authority cited: Section
						  215,
						  Financial Code. Reference: Division 1, Financial
						  Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.168 - State

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) "State," when
					 used with respect to a bank, means a bank which is organized under the laws of
					 a state of the United States.
(b)
					 "State," when used with respect to an office of a foreign (other nation) bank,
					 means an office which such bank is authorized to maintain under the laws of the
					 state of the United States where it is located.
1.
						Amendment filed 10-15-81 as an emergency; effective upon filing (Register 81,
						No. 44). A Certificate of Compliance must be transmitted to OAL within 120 days
						or emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
Note: Authority cited: Section
						  215,
						  Financial Code. Reference: Division 1, Financial
						  Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.169 - State of the United States

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"State of the United States" means a state of the United
						States or the District of Columbia.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.170 - Subsidiary

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Subsidiary," when used with respect to a specified
						person (other than an individual), means any person (other than an individual)
						controlled by such specified person, directly or indirectly through one or more
						intermediaries.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.171 - Territory of the United States

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Territory of the United States" means any territory,
						trust territory, dependency, or insular possession of the United States, Puerto
						Rico, Guam, American Samoa, or the Virgin Islands.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.172 - Time Certificate of Deposit. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.173 - Time Deposit. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.174 - Time Deposit, Open Account. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.175 - Title Insurance and Trust Company. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1.
						Repealer filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.176 - Trust Administration Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Trust administration office" means:
(a) When used with respect to an independent
					 trust company, the head office or any branch office of such independent trust
					 company.
(b) When used with respect
					 to a commercial bank with trust department, the headquarters of the trust
					 department of such commercial bank or any office (other than a place of
					 business) of such commercial bank at which one or more officers or employees of
					 such commercial bank are engaged on a substantially full-time basis in the
					 business of administering fiduciary accounts.
1.
						Repealer of subsection (b), subsection relettering and new NOTE filed 4-7-97;
						operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
Note: Authority cited: Section
						  215,
						  Financial Code. Reference: Division 1, Financial
						  Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.177 - Trust Business

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Trust business" has the meaning set forth in Financial
						Code Section
						115.
1. Change
						without regulatory effect amending section and adding NOTE filed 8-21-2019
						pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  115,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.178 - Trust Company

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Trust company" has the meaning set forth in Financial
						Code Section
						117, and
						includes a depositary trust company and an independent trust
						company.
1.
						Amendment of section and new NOTE filed 4-7-97; operative 4-7-97 pursuant to
						Government Code section
						11343.4(d)
						(Register 97, No. 15).
2. Change without regulatory effect amending
						section and NOTE filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Section
						  117,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.179 - Trust Department

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Trust department," when used with respect to a
						commercial bank which is authorized to engage in trust business, means the
						division of such bank through which the bank engages in trust
						business.
1.
						Repealer of subsection (a), repealer of subsection (b) designator, and new NOTE
						filed 4-7-97; operative 4-7-97 pursuant to Government Code section
						11343.4(d)
						(Register 97, No. 15).
Note: Authority cited: Section
						  215,
						  Financial Code. Reference: Division 1, Financial
						  Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.180 - United States

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
					 "United States," when used with respect to a bank, means
(1) a state bank or
(2) a national bank which maintains its head
					 office in a state of the United States.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.181 - Voting Securities

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Voting securities" means securities the holders of which
						are presently entitled to vote for the election of directors.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 1 - General Provisions › Subarticle 2 - Definitions › Section 10.182 - Wholesale Branch Office

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
"Wholesale branch office," when used with respect to a
						foreign (other nation) bank, has the meaning set forth in Financial Code
						Section
						1750(p).
						In addition, "wholesale branch office" includes any foreign (other state)
						office of a foreign (other nation) bank which is substantially equivalent to a
						wholesale branch office, as defined in Financial Code Section
						1750(p).
1. New
						section filed 10-15-81; effective upon filing (Register 81, No. 44). A
						Certificate of Compliance must be transmitted to OAL within 120 days or
						emergency language will be repealed on 2-12-82.
2. Certificate of
						Compliance transmitted to OAL 2-11-82 and filed 3-12-82 (Register 82, No.
						11).
3. Change without regulatory effect amending section and NOTE
						filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
Note: Authority cited: Section
						  326,
						  Financial Code. Reference: Sections
						  1750 and
						  1753,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 1 - General Provisions › Section 10.3000 - Scope

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
This Article contains regulations relating to the
						establishment of California state banks. This Subarticle contains general
						provisions relating to the establishment of California state banks. Subarticle
						2 (commencing with Section
						10.3100) of this Article contains
						regulations relating to the establishment of a California state commercial
						bank, of a California state industrial bank, or of a California state
						independent trust company pursuant to Chapter 1 (commencing with Section
						1000) of the Banking Law.
						Subarticle 3 (commencing with Section
						10.3700) of this Article contains
						regulations relating to the establishment of a trust department by a California
						state commercial bank pursuant to Financial Code Section
						1551.
						(Subarticle 4 of this Article is reserved.) Subarticle 5 (commencing with
						Section 10.4300) of this Article contains
						regulations relating to the conversion of a California national bank into a
						California state bank pursuant to Article 2 (commencing with Section
						4940) of Chapter 5 of the
						Depository Corporation Sale, Merger, and Conversion Law of the Financial
						Code.
1.
						Amendment of section and new NOTE filed 4-7-97; operative 4-7-97 pursuant to
						Government Code section
						11343.4(d)
						(Register 97, No. 15).
2. Change without regulatory effect amending
						section and NOTE filed 8-21-2019 pursuant to section
						100, title 1, California Code of
						Regulations (Register 2019, No. 34).
3. Amendment of section and
						NOTE filed 9-14-2021; operative 1-1-2022 (Register 2021, No.
						38).
Note: Authority cited: Sections
						  326 and
						  4831,
						  Financial Code. Reference: Sections
						  119,
						  321,
						  326,
						  334 and
						  1551,
						  Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 1 - General Provisions › Section 10.3001 - Post-Incorporation and Post-Approval Matters

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) In this Section, to "commence business"
					 has the meaning set forth in Sections
					 10.3102,
					 10.3702, or
					 10.4302 of this Chapter.
(b) In the units of this Article relating to
					 post-incorporation or post-approval matters:
(1) In case a provision which calls for a
					 subject institution or applicant to file a document with the Commissioner does
					 not expressly provide when such subject institution or applicant is to make
					 such filing, the subject institution or applicant shall make the filing at a
					 reasonable time under the circumstances and, in any event, at reasonable time
					 before the subject institution or applicant commences business.
(2) In case a provision which calls for a
					 subject institution or applicant to file a document with the Commissioner
					 requires that such subject institution or applicant make such filing not less
					 than a specified number of days or business days before the subject institution
					 or applicant commences business, the subject institution or applicant is
					 encouraged to make the filing before such deadline, if possible, so as to allow
					 ample time not only for the staff of the Department to process the document
					 filed but also for the subject institution or applicant to make any corrections
					 or changes in such document that may be found to be necessary before the
					 certificate of authority is issued.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 1 - General Provisions › Section 10.3100 - Definition of "Subject Institution" and Scope

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) In this Subarticle, "subject institution"
						means a California state bank which is or is proposed to be a commercial bank,
						industrial bank, or an independent trust company. "Subject institution" also
						means a California public bank which is proposed to be a commercial bank or
						industrial bank.
(b) This
						Subarticle contains regulations relating to the establishment of a subject
						institution pursuant to Chapter 1 (commencing with Section
						1000) of the Banking Law. This
						Part contains general provisions relating to the establishment of a subject
						institution. Part 2 (commencing with Section
						10.3150) of this Subarticle
						contains regulations relating to an application for authority to organize a
						subject institution. Part 3 (commencing with Section
						10.3300) of this Subarticle
						contains regulations which set forth administrative standards and procedures
						relating to an application for authority to organize a subject institution.
						Part 4 (commencing with Section
						10.3350) of this Subarticle
						contains regulations relating to the pre-incorporation period in the
						establishment of a subject institution. Part 5 (commencing with Section
						10.3450) of this Subarticle
						contains regulations relating to the post-incorporation period in the
						establishment of a subject institution.
1.
						  Change without regulatory effect amending subsection (b) and adding new NOTE
						  filed 8-21-2019 pursuant to section
						  100, title 1, California Code of
						  Regulations (Register 2019, No. 34).
2. Amendment of subarticle
						  heading, subsection (a) and NOTE filed 9-14-2021; operative 1-1-2022 (Register
						  2021, No. 38).
Note: Authority cited: Section
							 326,
							 Financial Code. Reference: Sections
							 119 and
							 1001,
							 Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 1 - General Provisions › Section 10.3101 - Other Definitions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
In this Subarticle:
(a) "Post-incorporation pre-opening funds
						account" means the deposit account called for in Section
						10.3480 of this Chapter.
(b) "Pre-incorporation pre-opening funds
						account" means the deposit account called for in Section
						10.3405 of this Chapter.
(c) "Pre-opening capital expenditures" means
						pre-opening expenditures which may be capitalized in conformity with generally
						accepted accounting principles and practices then applicable.
(d) "Pre-opening expenditure" has the meaning
						set forth for "preopening expenditure" in Financial Code Section
						1040.
(e) "Pre-opening funds" means any money or
						other thing of value solicited or accepted by a proposed director, proposed
						officer, or organizer of a proposed subject institution or by a subject
						institution at any time before such subject institution commences business, for
						the purposes of paying the pre-opening expenditures of such subject
						institution. However, "pre-opening funds" does not include any proceeds from
						the sale by a subject institution, after incorporation, of any security issued
						by it under authority of a permit or of an exemption from Financial Code
						Section
						1201 issued
						by the Commissioner or any income or gain derived from any such
						proceeds.
(f) "Pre-opening
						noncapital expenditure" has the meaning set forth for "preopening noncapital
						expenditure" in Financial Code Section
						1040.
(g) "Proposed subject institution" means a
						subject institution which is proposed to be organized but which has not yet
						been incorporated.
1.
						  Change without regulatory effect amending section and adding new NOTE filed
						  8-19-97 pursuant to section
						  100, title 1, California Code of
						  Regulations (Register 97, No. 34).
2. Change without regulatory
						  effect amending subsections (d)-(f) and NOTE filed 8-21-2019 pursuant to
						  section 100, title 1, California Code of
						  Regulations (Register 2019, No. 34).
Note: Authority cited: Section
							 326,
							 Financial Code. Reference: Section
							 1040,
							 Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 1 - General Provisions › Section 10.3102 - Commencement of Business

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
For purposes of this Subarticle, a subject institution
						  shall be deemed to commence business at the time when, the Commissioner having
						  issued a certificate of authority authorizing such subject institution to
						  transact commercial banking business, trust business, or both, as the case may
						  be, the subject institution opens for the purpose of transacting commercial
						  banking business, trust business, or both, as the case may
						  be.
1.
						  Change without regulatory effect amending section and adding new NOTE filed
						  8-19-97 pursuant to section
						  100, title 1, California Code of
						  Regulations (Register 97, No. 34).
Note: Authority cited: Section
							 215,
							 Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 1 - General Provisions › Section 10.3103 - Counting Number of Persons

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
In determining for purposes of this Subarticle the
						  number of persons from whom pre-opening funds are solicited or accepted,
						  persons shall be counted in the same manner as provided in Section
						  10.6 of this
						  Chapter.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 2 - Application › Section 10.3150 - Scope

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
This Part contains regulations relating to an
						  application for authority to organize a subject institution.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 2 - Application › Section 10.3151 - Applicants

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
One or more persons may apply to the Commissioner for
						  authority to organize a subject institution.
1.
						  Change without regulatory effect amending section and adding new NOTE filed
						  8-19-97 pursuant to section
						  100, title 1, California Code of
						  Regulations (Register 97, No. 34).
Note: Authority cited: Section
							 215,
							 Financial Code. Reference: Section
							 360,
							 Financial Code.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 2 - Application › Section 10.3152 - Included Application

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An application for authority to organize a subject
						  institution which proposes that such subject institution commence business with
						  its head office in temporary quarters and subsequently relocate its head office
						  to permanent quarters shall, unless otherwise provided in such application, be
						  deemed to include an application for approval pursuant to Financial Code
						  Section
						  420 for the
						  subject institution to relocate its head office from such temporary quarters to
						  such permanent quarters and shall be accompanied by the fee prescribed in
						  Financial Code Section
						  420.
						  Approval of such an application for authority to organize a subject institution
						  shall, unless otherwise provided in such approval, be deemed to include
						  approval of such included application for approval for the subject institution
						  to relocate its head office. The subject institution shall, with respect to
						  relocating its head office, comply with the provisions of Subpart 7 (commencing
						  with Section
						  10.6475), Part 3, Article 5 of
						  this Subchapter.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 2 - Application › Section 10.3153 - Facing Page

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An application for authority to organize a subject
						  institution shall have as its first page a facing page in the form of
						  Department Form 10 and shall contain the information called for
						  therein.
California Code of Regulations › Title 10 - Investment › Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions › Subchapter 10 - Banks › Article 4 - Establishment of California State Banks › Subarticle 2 - Establishment of California State Commercial Bank, Industrial Bank, or Independent Trust Company › Part 2 - Application › Section 10.3154 - Additional Information

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An application for authority to organize a subject
						  institution shall contain, in addition to the information called for in the
						  facing page:
(a) In case the subject
						institution is to be a commercial bank with a trust department, the information
						called for in Sections
						10.3155 to
						10.3181, inclusive, of this
						Chapter.
(b) In case the subject
						institution is to be a commercial bank without trust department, the
						information called for in Sections
						10.3155,
						10.3159 to
						10.3163, inclusive, 10.3166 to
						10.3168, inclusive, 10.3172, 10.3176 and 10.3177 of this Chapter.
(c) In case the subject institution is to be
						an independent trust company, the information called for in Sections
						10.3155,
						10.3159 to
						10.3163, inclusive, 10.3165 to
						10.3167, inclusive, 10.3169, 10.3173, and 10.3177 of this Chapter.
1.
						  Amendment of ssubections (b) and (c) and new NOTE filed 4-7-97; operative
						  4-7-97 pursuant to Government Code section
						  11343.4(d)
						  (Register 97, No. 15).
2. Change without regulatory effect amending
						  section filed 2-11-2002 pursuant to section
						  100, title 1, California Code of
						  Regulations (Register 2002, No. 7).
Note: Authority cited: Section
							 215,
							 Financial Code. Reference: Section
							 360,
							 Financial Code.