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Statutes » California » Financial Code » Division 1.1

Cal. FIN § 1513

This is the official text of Cal. FIN § 1513, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.

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Official statutory text

If any commercial bank has made investments which it was authorized to make at the time they were made it shall not be required to dispose of such investments by reason of adoption of the Banking Code, this code, or any amendments to this article.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.