California · Financial Code
FIN §107: “Commercial bank” means a corporation organized for the purpose of engaging in the commercial banking business.
What this law says, in plain English
This statute defines a commercial bank as a corporation organized to conduct commercial banking business. It is a definitional provision, not a criminal or civil offense.
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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.