Bank Act of the State of California With Complete Index
Bank Act of the State of California With Complete Index
California
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Such excepted banks may not in any case decrease their Restrictions as to capital stock but may increase the same in the manner pro- except b s vided by law to an amount either greater or less than that required of banks in such city not within said exception ; pro- vided, that nothing herein shall be construed to affect the pro- Sec 19 and Sec. 23 visions of section nineteen of this act relative to the proportion of capital and surplus to deposits or of section twenty-three of this act relativ...e to the capital stock required of banks doing a departmental business. The provisions of section How population is twenty-three of this act, as to population, shall apply to any determmed bank organized under the provisions of this section. Sec. 83. No loan shall be made, directly or indirect- Commercial bank not , rr e '1111 i * t to loan to its officers ly, to any officer of any commercial bank by such bank, but may loan to di- or on the endorsement, surety, or guaranty of any such rector, etc.
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