§ 183 Bank Domicile Law Definition

Financial Code·California

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Key Takeaways

•For U.S. banks, the rules they follow are based on U.S. laws.
•For state banks, the rules they follow are based on the state where they are set up.
•For banks from other countries, the rules they follow are based on their home country's laws.

Example

A bank in California and a bank in France.

The California bank follows California and U.S. laws. The French bank follows French laws.

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

Official Source

View on CA.gov

§ 183 Bank Domicile Law Definition

“Law of the domicile” means: (a) When used with respect to a national bank, the law of the United States. (b) When used with respect to a state bank, the law of the state of the United States under which the bank is organized. (c) When used with respect to a foreign (other nation) bank, the law of the foreign nation under which the bank is organized. (Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)

Last verified: January 23, 2026

Key Terms

law of the domicile national bank state bank foreign bank

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 183.

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Key Takeaways

Example

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Related Statutes

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