Section 1092 Of Chapter 4.5. Bank Extraordinary Situation Closing From California Financial Code >> Division 1.1. >> Chapter 4.5.
1092
. Whenever the commissioner determines that an extraordinary
situation exists anywhere in this state the commissioner may, by
proclamation, authorize banks located in the affected area or areas
to close any or all of their offices. The office or offices so closed
shall remain closed until the commissioner proclaims that the
extraordinary situation has ended or until such earlier time as the
officers of the bank determine that one or more closed offices should
reopen and in either event for such further time thereafter as may
reasonably be required to reopen.