(a) “National bank” or “national banking association” means a national banking association organized under the National Bank Act.
(b) For purposes of the Financial Institutions Law, a national bank is deemed to be a corporation.
Definitions
Known as the Financial Institutions Law
The act spans §§ 99–217 (63 sections).
Amended by Stats. 2013, Ch. 334, Sec. 17
(a) “National bank” or “national banking association” means a national banking association organized under the National Bank Act.
(b) For purposes of the Financial Institutions Law, a national bank is deemed to be a corporation.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.