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California Financial Code

§ 1407

FIN § 1407 Effective Jan 1, 2012Div. 1.1 · Ch. 12 · Art. 1

Statute text

View on leginfo.ca.gov
An overdraft of more than 90 days standing shall not be allowed as an asset of any bank.

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

Source: California Financial Code § 1407 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.