Cal. FIN § 1260
This is the official text of Cal. FIN § 1260, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
There shall be exempted from the provisions of Section 1251 any transaction, including, without limitation, any type or class of transactions, which the commissioner by regulation or order exempts as not being comprehended within the purposes of this chapter and the regulation of which the commissioner finds is not necessary or appropriate in the public interest or for the protection of a bank, a controlling person, or the depositors, creditors, or shareholders of a bank or a controlling person.
Status: in_force · Read it on the official government site
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