California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 10 - Banks
Article 5 - Offices of California State Banks
Subarticle 1 - General Provisions
Section 10.6007 - Combining Offices

(a) For purposes of this Section, offices of a subject institution are ranked in the following order:

(b) In case a subject institution establishes a new office at, or relocates an existing office to, the location of a second office which is of a lower rank than the first office, the second office shall be deemed to be absorbed into the first office. In such a case, the subject institution shall comply with applicable provisions of the Banking Law and this Chapter relating to the establishment or relocation, as the case may be, of the first office. With respect to the absorption of the second office into the first office, the subject institution shall, not more than five business days after establishing or relocating the first office, surrender to the Commissioner for cancellation the certificate of authority authorizing it to establish and maintain the second office.

(c) In case a subject institution locates two or more offices of equal rank in the same location, all but one of such offices shall be deemed to be discontinued. In such a case, the subject institution shall comply with applicable provisions of the Banking Law and this Chapter relating to the discontinuance of the offices which are deemed to be discontinued.