California · Financial Code
FIN §1683: No foreign (other state) bank may establish or maintain a California branch office unless the bank is insured.
What this law says, in plain English
Out-of-state banks cannot open or operate California branch offices unless they have insurance coverage.
Read the full statutory text
No foreign (other state) bank may establish or maintain a California branch office unless the bank is insured.
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.