LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeFinancial CodeDiv. 1.1Ch. 4§ 1082 Branch Office Notification Requirements

§ 1082 Branch Office Notification Requirements

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1082 Branch Office Notification Requirements

Any bank that opens a new branch in this state has to send a notice to the commissioner within 10 days, listing the bank’s name, home state, branch address, opening date, and any other info the commissioner asks for.

Key Takeaways

  • •Banks must notify the commissioner when they start a new branch, move an existing one, or change its designation.
  • •The notice has to be filed within 10 days of the change.
  • •The notice must contain the bank’s name, home state, branch address, opening date, and any other info the commissioner requires.

Example

A bank headquartered in Illinois decides to open a branch in Denver, Colorado.

Within 10 days of opening the Denver branch, the bank must file a notice with the state commissioner that includes the bank’s name, that it’s from Illinois, the Denver address, the date the branch opened, and any extra details the commissioner wants.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 1082 Branch Office Notification Requirements

Any bank that establishes a branch office in this state in accordance with Section 36(g)(1)(A) of the National Bank Act (12 U.S.C. Sec. 36(g)(1)(A)), or Section 18(d)(4)(A)(i) of the Federal Deposit Insurance Act (12 U.S.C. Sec. 1828(d)(4)(A)(i)), as those sections were amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, shall, within 10 days of the establishment, relocation, or redesignation of the offices, file a notice with the commissioner that includes all of the following: (a) The name of the bank establishing the branch office or offices. (b) The home state or state of incorporation of the bank establishing the branch office or offices. (c) The complete address of the office or offices established or to be established. (d) The date the branch office or offices were or will be opened. (e) Any other information, if any, that the commissioner deems necessary. (Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)

Last verified: January 10, 2026

Key Terms

branch officenoticecommissionerDodd-Frank Wall Street Reform and Consumer Protection Act of 2010

Related Statutes

  • § 12301.1 Licensee Location Notification Requirements
  • § 1070 Banking Facility Definitions
  • § 1071 Bank Office Certificate Fees
  • § 1076 Bank Office Change Notice
  • § 1077 Bank Office Annual Report

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 1082.
View Official Source