Section 1675 Of Article 1. General Provisions From California Financial Code >> Division 1.1. >> Chapter 19. >> Article 1.

. (a) Any foreign (other state) state bank is exempted from the restrictions of Section 1 of Article XV of the California Constitution relating to rates of interest upon the loan or forbearance of any money, goods, or things in action or on accounts after demand.
  (b) This section does not exempt a foreign (other state) state bank or any subsidiary from complying with all other laws and regulations governing the business in which the bank or subsidiary is engaged.
  (c) This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution.