California Code
DIVISION 1.1 - BANKING
CHAPTER 16 - Trust Companies

ARTICLE 1 - General Provisions

Section 1550. - 1550. No corporation shall engage in the trust business unless:...

Section 1551. - 1551. Any commercial bank or industrial bank, with the prior...

Section 1552. - 1552. No California state bank may engage in trust business...

Section 1553. - 1553. The following persons are exempt from Section 1550: (a)...

Section 1554. - 1554. In this section, “subject national banking association” means a...

Section 1555. - 1555. No foreign corporation, other than a national banking association...

Section 1556. - 1556. Pursuant to the authority contained in Section 1 of...

Section 1557. - 1557. The Legislature finds and declares that it is important...

ARTICLE 2 - Fiduciary Activities

Section 1560. - 1560. It is the intent of the Legislature that the...

Section 1561. - 1561. For purposes of Section 1562, the following terms have...

Section 1562. - 1562. (a) Sections 9.4 to 9.6, inclusive, Sections 9.8 to...

ARTICLE 3 - Deposits with State Treasurer

Section 1570. - 1570. Every trust company shall deposit with the State Treasurer...

Section 1571. - 1571. Whenever any trust company receives trust funds or property,...

Section 1572. - 1572. Security deposited with the Treasurer by trust companies pursuant...

Section 1573. - 1573. Such money or securities shall be approved by the...

Section 1574. - 1574. Securities deposited pursuant to this article may be exchanged...

Section 1575. - 1575. Should any security deposited pursuant to this article so...

Section 1576. - 1576. When any revaluation of securities is made by the...

Section 1577. - 1577. The money and securities deposited pursuant to this article...

Section 1578. - 1578. The commissioner may, pursuant to Section 329, levy a...

ARTICLE 4 - Investments

Section 1580. - 1580. A trust company may invest its contributed capital only...

Section 1581. - 1581. Trust funds received by any trust company in connection...

Section 1582. - 1582. (a) As used in this section: (1) “Fund” means...

Section 1583. - 1583. Any trust company or bank authorized to engage in...

Section 1584. - 1584. Any trust company acting in any capacity under a...

Section 1585. - 1585. (a) For purposes of this section, two or more...

Section 1586. - 1586. With regard to any participation certificates heretofore issued by...

ARTICLE 5 - Miscellaneous

Section 1600. - 1600. A trust company has the following powers: (a) It...

Section 1601. - 1601. For the purposes of this chapter, all trusts and...

Section 1602. - 1602. A trust company, its officers and employees, shall not...

Section 1603. - 1603. The commissioner shall examine the court trust business of...

Section 1604. - 1604. In making the reports to the commissioner required by...

Section 1605. - 1605. Any court having jurisdiction of any executor, administrator, guardian,...

Section 1606. - 1606. Securities held by a trust company by direction of...

Section 1607. - 1607. Whenever an executor, administrator, guardian or conservator of estates,...

Section 1608. - 1608. Whenever any corporation desires to withdraw from and discontinue...

Section 1609. - 1609. The validity or legality of any act or proceeding...

Section 1610. - 1610. Nothing in this chapter shall make it unlawful for...

Section 1611. - 1611. A bank or trust company shall not mingle trust...

Section 1612. - 1612. Notwithstanding any other provision of law, any bank and...

Section 1613. - 1613. Notwithstanding any other provision of law, any bank and...