Section 1397 Of Article 3. California State Bank As Agent From California Financial Code >> Division 1.1. >> Chapter 11. >> Article 3.
1397
. If the commissioner finds that any activities performed by a
California state bank as agent for an insured depository institution
are not authorized agency activities or that the agency arrangement
is inconsistent with safe and sound banking practices, the
commissioner may order the California state bank to terminate the
agency arrangement.