California · Financial Code
FIN §4058: Nothing in this division shall be construed as altering or annulling the authority of any department or agency of the state to regulate any financial institution subject to its jurisdiction.
What this law says, in plain English
This statute preserves state departments' and agencies' existing authority to regulate financial institutions under their jurisdiction.
Read the full statutory text
Nothing in this division shall be construed as altering or annulling the authority of any department or agency of the state to regulate any financial institution subject to its jurisdiction.
Verify at the official source: California legislative text
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