Section 1761 Of Article 1. General Provisions From California Financial Code >> Division 1.1. >> Chapter 20. >> Article 1.
1761
. (a) No foreign (other nation) bank shall concurrently be
licensed to maintain offices of different classes.
(b) Subdivision (a) does not prohibit a foreign (other nation)
bank that is licensed to maintain a representative office from being
concurrently licensed to maintain an office of a different class or
to prohibit a foreign (other nation) bank that is licensed to
maintain an office other than a representative office from being
concurrently licensed to maintain a representative office.