Section 1752 Of Article 1. General Provisions From California Financial Code >> Division 1.1. >> Chapter 20. >> Article 1.
1752
. (a) In this section, "subject bank" means a bank organized
under the laws of any territory of the United States, Puerto Rico,
Guam, American Samoa, the Trust Territory of the Pacific Islands, the
Virgin Islands, or the Northern Mariana Islands.
(b) Nothing in this chapter, except subdivision (c), shall apply
to a subject bank that maintains a branch office in this state as a
foreign (other state) state bank pursuant to Chapter 19 (commencing
with Section 1670), Section 13(f), 13(k), 18(d), or 44 of the Federal
Deposit Insurance Act (12 U.S.C. Sec. 1823(f), 1823(k), 1828(d), or
1831u), or Section 9 of the Federal Reserve Act (12 U.S.C. Sec. 321).
(c) No subject bank shall at the same time maintain (1) as a
foreign (other nation) bank, an office in this state licensed under
this chapter and (2) as a foreign (other state) state bank, a branch
office in this state pursuant to Chapter 19 (commencing with Section
1670), Section 13(f), 13(k), 18(d), or 44 of the Federal Deposit
Insurance Act (12 U.S.C. Sec. 1823(f), 1823(k), 1828(d), or 1831u),
or Section 9 of the Federal Reserve Act (12 U.S.C. Sec. 321).