California · Financial Code
FIN §117: “Trust company” means a corporation, industrial bank, or a commercial bank that is authorized to engage in the trust business.
What this law says, in plain English
A trust company is a corporation, industrial bank, or commercial bank authorized to conduct trust business operations.
Read the full statutory text
“Trust company” means a corporation, industrial bank, or a commercial bank that is authorized to engage in the trust business.
Verify at the official source: California legislative text
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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.