§ 1720 Foreign Bank License Display

Financial Code·California

AI SummaryVerified

This law says that any out‑of‑state bank without insurance that is allowed to have a branch must put its license where everyone can see it.

Key Takeaways

•Only applies to foreign (out‑of‑state) banks that are uninsured.
•The bank must already have a license to operate a facility.
•The license must be displayed in a clear, noticeable spot at the office.

Example

A bank from another state opens a branch here, but it doesn’t carry insurance.

The bank has to hang its license on a wall or board in the lobby so customers and workers can easily spot it.

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

Official Source

View on CA.gov

§ 1720 Foreign Bank License Display

Each uninsured foreign (other state) bank that is licensed to maintain a facility shall post its license 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 bank license conspicuous place Stats. 2011, Ch. 243, Sec. 3 (SB 664)

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 1720.

Key Takeaways

Example

Key Terms

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Key Takeaways

Example

Key Terms

Related Statutes

References