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§ 1783 — California Law | CourtGPT
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  5. Division 1.1 - Banking/
  6. Chapter 20 - Foreign (Other Nation) Banks/
  7. Article 2 - Representative Offices/
  8. § 1783
California Legal Code

§ 1783

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1783. A foreign (other nation) bank that is licensed to maintain a representative office may, subject to any regulations that the commissioner may prescribe, engage in representational functions at the office but shall not solicit or accept deposits or otherwise transact business at the office.(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)