California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 10 - Banks
Article 7 - Acquiring and Holding Equity Securities of Corporations
Subarticle 2 - Investing in Corporations
Part 1 - General Provisions
Section 10.19052 - Calculation of Total Amount Invested

In this Subarticle, for purposes of calculating the total amount invested in a corporation by a subject institution, there shall be included not only amounts invested in the corporation by the subject institution under Financial Code Section 1472 but also any amounts otherwise invested in the corporation by the subject institution. Thus, there shall be included all securities (both equity and non-equity securities) of the corporation owned by the subject institution, all contributions to the capital of the corporation made by the subject institution, all loans made or credit otherwise extended by the subject institution to or for the benefit of the corporation, and any other obligations of the corporation to pay money to the subject institution.

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 1472, Financial Code.