California · Financial Code

FIN §4805.12: “Law of the domicile” means: (a) When used with respect to a federal depository corporation, the law of the United States.

What this law says, in plain English

This statute defines 'law of the domicile' to mean United States law when referring to a federal depository corporation.

Read the full statutory text
“Law of the domicile” means: (a) When used with respect to a federal depository corporation, the law of the United States. (b) When used with respect to a state depository corporation, the law of the state of the United States under which the depository corporation is organized. (c) When used with respect to a foreign (other nation) bank, the law of the foreign nation under which the bank is organized.

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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.