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HomeFinancial CodeDiv. 1.1Ch. 19Art. 4§ 1719 Foreign Bank Facility Naming

§ 1719 Foreign Bank Facility Naming

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

§ 1719 Foreign Bank Facility Naming

This law says that banks from other states must give their California offices a special name that includes the word 'facility' and show this name clearly in the office.

Key Takeaways

  • •Banks from other states must use the word 'facility' in the name of their California offices.
  • •The name must be clearly displayed in the office.
  • •This helps people know that the office is from an out-of-state bank.

Example

A bank from Texas opens an office in California.

The bank must name the office something like 'Texas Bank Facility #1' and put this name where everyone can see it in the office.

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

Official Source
View on CA.gov

§ 1719 Foreign Bank Facility Naming

Each uninsured foreign (other state) bank that is licensed to maintain a facility shall assign to the office a popular name that includes the term “facility” and that consists of a specific designation by name or number. The bank shall post the popular name and the name of the bank in a conspicuous place at the office. (Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)

Last verified: January 11, 2026

Key Terms

uninsured foreign bankpopular namefacility

Related Statutes

  • § 1714 Foreign Bank Office Relocation
  • § 1715 Foreign Bank Noncore Business
  • § 1720 Foreign Bank License Display
  • § 1670 Banking Business Definitions
  • § 1674 Foreign Bank Facility Fees

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 1719.
View Official Source