California · Financial Code
FIN §1603: The commissioner shall examine the court trust business of a trust company at least once every 24 months and shall examine the private trust business at such times and to such extent as he or she may
What this law says, in plain English
The commissioner must inspect trust company court trust business at least every 24 months and private trust business as deemed necessary.
Read the full statutory text
The commissioner shall examine the court trust business of a trust company at least once every 24 months and shall examine the private trust business at such times and to such extent as he or she may deem necessary or advisable.
Verify at the official source: California legislative text
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