California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 10 - Banks
Article 6 - California State Offices of Foreign (Other Nation) Banks
Subarticle 3 - Agencies and Branch Offices
Part 2 - Establishment of Agency or Branch Office
Subpart 4 - Post-Approval Matters
Section 10.14185 - Deposit of Eligible Assets
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) The definitions set forth in Section 10.16001 and the instructions set forth in 10.16002 apply to this Section.
(b) Except as otherwise provided in Section 10.14176 of this Chapter, not less than two business days before the license for a subject office is to be issued, the applicant shall deposit eligible assets with its approved depository in accordance with Financial Code Section 1811 and Part 10 (commencing with Section 10.16000) of this Subarticle, and such approved depository shall file with the Commissioner a report which is verified by an officer of the approved depository and which contains the following information:
1.
Change without regulatory effect amending section filed 8-19-97 pursuant to
section 100, title 1, California Code of
Regulations (Register 97, No. 34).
2. Amendment of subsection (b)
filed 4-14-98; operative 5-14-98 (Register 98, No. 16).
3. Change
without regulatory effect amending subsection (b) 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 1803 and 1811, Financial Code.
