Section 1710 Of Article 4. Facilities Of Uninsured Foreign (other State) Banks From California Financial Code >> Division 1.1. >> Chapter 19. >> Article 4.
1710
. In this article, unless the context otherwise requires:
(a) "Controlling person," when used with respect to an uninsured
foreign (other state) bank, means any person who directly or
indirectly controls the bank. For purposes of this subdivision,
"control" has the meaning set forth in subdivision (b) of Section
1250, and "person" has the meaning set forth in subdivision (d) of
Section 1250.
(b) "Executive officer," when used with respect to an uninsured
foreign (other state) bank or a controlling person of an uninsured
foreign (other state) bank, means the chief executive officer, the
chief operating officer, the chief financial officer, and any other
person who participates or has authority to participate in major
policymaking functions of the bank or controlling person.
(c) (1) "License" means a license issued under this article,
authorizing an uninsured foreign (other state) bank to maintain a
facility.
(2) "Licensed" means to be issued or to hold a license.