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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.