# Cal. FIN § 1750: Section 1750 > California · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1750 ## Section - **Citation:** Cal. FIN § 1750 - **Heading:** Section 1750 - **Jurisdiction:** California - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** California Code / Code fin / Division 1.1 / Chapter 20 / Article 1 / Section 1750 ## Text In this chapter, unless the context otherwise requires: (a) “Agency” means a depositary agency or a nondepositary agency. (b) “Branch office” means a limited branch office, a retail branch office, or a wholesale branch office. (c) “Business in this state,” when used with respect to a foreign (other nation) bank which is licensed to maintain one or more agencies or branch offices, includes (without limitation) the aggregate business of all the offices. (d) “Controlling person,” when used with respect to a foreign (other nation) bank, means any person who, directly or indirectly, controls the bank. For purposes of this subdivision, “control” has the meaning set forth in subdivision (b) of Section 1250, and “person” has the meaning set forth in subdivision (d) of Section 1250. (e) “Depositary agency,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business but at which it does not transact the business of receiving deposits, except as permitted under paragraph (2) of subdivision (a) of Section 1805. (f) “Executive officer,” when used with respect to a foreign (other nation) bank or a controlling person of a foreign (other nation) bank, means the chief executive officer, the chief operating officer, the chief financial officer, and any other person who participates or has authority to participate in major policymaking functions of the bank or controlling person. “Executive officer,” when used with respect to a foreign (other nation) bank, includes the head of the international division (or, if there is no such division, the closest equivalent division or unit) of such bank. (g) “Federal agency” has the meaning set forth in Section 1(b) of the International Banking Act of 1978. (h) “Federal branch” has the meaning set forth in Section 1(b) of the International Banking Act of 1978. (i) (1) “License” means a license issued under this chapter, authorizing a foreign bank to maintain an office. (2) To be “licensed” means to be issued or to hold a license. (3) To be “licensed to transact business in this state,” when used with respect to a foreign (other nation) bank, means that the bank is licensed to maintain an agency or branch office. (j) “Limited branch office,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business but at which it does not transact the business of receiving deposits except as permitted under paragraph (3) of subdivision (a) of Section 1805. (k) “Nondepositary agency,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business, except the business of receiving deposits. (l) “Office,” when used with respect to a foreign (other nation) bank, means any agency, branch office, or representative office of the bank. (m) “Primary office,” when used with respect to a foreign (other nation) bank that is licensed to maintain a single agency or branch office, means the agency or branch office and, when used with respect to a foreign (other nation) bank that is licensed to maintain two or more agencies or branch offices, means that one of the offices which the bank has designated as its primary office in accordance with Section 1766. (n) “Representative office,” when used with respect to a foreign (other nation) bank, means an office in this state at which the bank engages in representational functions but at which it does not transact commercial banking business. (o) “Retail branch office,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business, including (without limitation) the business of receiving deposits. nation) bank, means an office in this state at which the bank engages in representational functions but at which it does not transact commercial banking business. (o) “Retail branch office,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business, including (without limitation) the business of receiving deposits. (p) “Wholesale branch office,” when used with respect to a foreign (other nation) bank, means a place in this state at which the bank transacts commercial banking business but at which it does not transact the business of receiving deposits except as permitted under paragraph (4) of subdivision (a) of Section 1805. ## Nearby sections - [Cal. FIN § 1750 Section 1750](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1750.md) - [Cal. FIN § 1751 Section 1751](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1751.md) - [Cal. FIN § 1752 Section 1752](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1752.md) - [Cal. FIN § 1753 Section 1753](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1753.md) - [Cal. FIN § 1754 Section 1754](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1754.md) - [Cal. FIN § 1755 Section 1755](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1755.md) - [Cal. FIN § 1756 Section 1756](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1756.md) - [Cal. FIN § 1757 Section 1757](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1757.md) - [Cal. FIN § 1758 Section 1758](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1758.md) - [Cal. FIN § 1759 Section 1759](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1759.md) - [Cal. FIN § 1760 Section 1760](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1760.md) - [Cal. FIN § 1761 Section 1761](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1761.md) - [Cal. FIN § 1762 Section 1762](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1762.md) - [Cal. FIN § 1763 Section 1763](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1763.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1750. Check the current official text before relying on it. Not legal advice.