Section 1885 Of Article 1. International And Foreign Banking And Financing Corporations From California Financial Code >> Division 1.1. >> Chapter 21. >> Article 1.
1885
. No foreign corporation shall transact in this state the
business defined in this article or any part thereof, unless such
corporation shall have:
(a) Been authorized by its charter to carry on such business and
shall have complied with the laws of the state or country under which
it is incorporated.
(b) Made the deposit with the State Treasurer required by this
article.
(c) Designated the commissioner, by an instrument in writing duly
executed, its true and lawful attorney upon whom all process in any
action or proceeding by any resident of this state against it may be
served with the same effect as if it were a domestic corporation and
had been lawfully served with process within this state.
(d) Received a license duly issued to it by the commissioner.