Section 1856 Of Article 1. International And Foreign Banking And Financing Corporations From California Financial Code >> Division 1.1. >> Chapter 21. >> Article 1.
1856
. Except with the approval of the commissioner, no corporation
shall invest in any one corporation an amount in excess of 10 percent
of its own shareholders' equity, except in a corporation engaged in
the business of banking, when 15 percent of its shareholders' equity
may be so invested.