California Legal Codes and Statutes

§ 1802

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

No foreign (other nation) bank shall be licensed to maintain a retail branch office unless the deposits in such office are insured by the Federal Deposit Insurance Corporation in accordance with the provisions of the Federal Deposit Insurance Act.

Cite this section

Cal. Fin. Code § 1802 (2026)
https://ca.codecond.com/codes/fin/division-1-1-banking/chapter-20-foreign-other-nation-banks/article-3-agencies-and-branch-offices/section-1802

Other sections in Article 3 - Agencies and Branch Offices

§ 1800§ 1801§ 1802§ 1803§ 1804§ 1805§ 1806§ 1807§ 1808§ 1809§ 1810§ 1811§ 1812§ 1813

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.