§ 1833 License Surrender For Foreign Banks

• •If a foreign bank's license is suspended or revoked, they must give it back right away.
• •The license must be returned to the commissioner.
• •This rule applies to banks from other countries operating in the state.

A bank from another country has a branch in California, but they break the rules.

If the state decides to take away their license, the bank must immediately give the license back to the state official in charge.