§ 189 National Bank Definition

Financial Code·California

AI SummaryVerified

Key Takeaways

•A 'national bank' is a bank created under a special law called the National Bank Act.
•In California, a national bank is treated like a regular company (corporation) for financial rules.

Example

If Bank of America (a national bank) opens a branch in California

California will treat it like any other big company when it comes to following money rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 189 National Bank Definition

(a) “National bank” or “national banking association” means a national banking association organized under the National Bank Act. (b) For purposes of the Financial Institutions Law, a national bank is deemed to be a corporation. (Amended by Stats. 2013, Ch. 334, Sec. 17. (SB 537) Effective January 1, 2014.)

Last verified: January 23, 2026

Key Terms

national bank national banking association National Bank Act Financial Institutions Law

References

Official text at leginfo.legislature.ca.gov
California Legislature. Financial Code. Section 189.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References