Section 1095 Of Chapter 4.5. Bank Extraordinary Situation Closing From California Financial Code >> Division 1.1. >> Chapter 4.5.
1095
. Any day on which a bank or any one or more of its offices is
closed pursuant to the authorization granted by this chapter shall
be, with respect to such bank or any of its offices which are closed,
a legal holiday for all purposes with respect to any banking
business of any character. No liability, or loss of rights of any
kind, on the part of any bank or director, officer, or employee
thereof, shall accrue or result by virtue of any closing authorized
by this chapter.