Cal. Fin. Code § 1466

Current through the 2023 Legislative Session.

Section 1466 - Issuance of negotiable certificates of deposit

A commercial bank may issue negotiable certificates of deposit transferable by endorsement and delivery and nonnegotiable certificates transferable only on the books of the bank.

Ca. Fin. Code § 1466

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.