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§ 10.13001. Definitions.

10 CA ADC § 10.13001Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 1. Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 10. Banks
Article 6. California State Offices of Foreign (Other Nation) Banks
Subarticle 1. General Provisions
10 CCR § 10.13001
§ 10.13001. Definitions.
Currentness
In this Article:
(a) “Approved but unopened,” when used with respect to a California state office of a foreign (other nation) bank, means an office for which an application for approval to establish has been filed with and approved by the Commissioner but which has not yet been established.
(b) “Domiciliary bank” means:
(1) When used with respect to a foreign nation (other than a territory of the United States), a bank which is organized under the laws of such foreign nation.
(2) When used with respect to a territory of the United States, a bank which is organized under the laws of such territory or a national bank which maintains its head office in the territory.
(3) When used with respect to a state of the United States, a state bank which is organized under the laws of such state or a national bank which maintains its head office in the state.
(c) “Domiciliary jurisdiction” means:
(1) When used with respect to a bank which is organized under the laws of a foreign nation, such foreign nation.
(2) When used with respect to a bank which is organized under the laws of a state of the United States, such state.
(3) When used with respect to a foreign (other nation) bank which is a national bank, the United States.
(d) “Executive officer,” when used with respect to a foreign (other nation) bank or a controlling person of a foreign (other nation) bank, has the meaning set forth in Financial Code Section 1750(f).
(e) “Non-domiciliary bank” means any bank other than a domiciliary bank.
(f) “Popular name,” when used with respect to a California state office of a foreign bank, means the designation assigned to such office by such bank pursuant to Financial Code Section 1765.
(g) “Proposed,” when used with respect to a California state office of a foreign (other nation) bank, means an office for which an application for approval to establish has been filed with the Commissioner but which has not yet been established.
(h) “Reporting company (Bank Holding Company Act)” means a person (other than an individual) which is required to file reports with the Board of Governors of the Federal Reserve System pursuant to Section 225.5 of Regulation Y of the Board (12 C.F.R. Section 225.5) and which has filed all reports so required to be filed for the last three years (or, if the person was subject to such requirements for less than the last three years, for such lesser period).
(i) “Reporting company (Securities Exchange Act)” means a person (other than an individual) which is required to file reports with, or to furnish reports to, a federal agency pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and which has filed or furnished all reports so required to be filed or furnished for the last three years (or, if the person was subject to such requirements for less than the last three years, for such lesser period).

Credits

Note: Authority cited: Section 326, Financial Code. Reference: Sections 1750, 1765, 1781, 1803 and 1811, Financial Code.
History
1. Amendment of subsection (i) filed 3-12-82; effective thirtieth day thereafter (Register 82, No. 11).
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
3. Amendment of subsection (a), repealer of subsection(b), subsection relettering, amendment of newly designated subsections (c)(3), (d) and (g), and amendment of Note filed 4-14-98; operative 5-14-98 (Register 98, No. 16).
4. Change without regulatory effect amending subsections (d) and (f) and amending Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 10.13001, 10 CA ADC § 10.13001
End of Document