California · Financial Code

FIN §1365: No provision of this article or of Article 3 (commencing with Section 1480) of Chapter 14 shall apply to an advance of money made by a bank pursuant to Section 317 of the Corporations Code.

What this law says, in plain English

This statute exempts certain bank money advances under Corporations Code Section 317 from the rules in this article and related provisions.

Read the full statutory text

No provision of this article or of Article 3 (commencing with Section 1480) of Chapter 14 shall apply to an advance of money made by a bank pursuant to Section 317 of the Corporations Code.

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