# Cal. FIN § 1754: Section 1754

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C20_A1_S1754

## Section

- **Citation:** Cal. FIN § 1754
- **Heading:** Section 1754
- **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 1754

## Text

(a) For purposes of this chapter:

(1) Changing a lower class office into a higher class office shall be treated as establishing the higher class office, but not as closing the lower class office.

(2) Changing a higher class office into a lower class office shall be treated as closing the higher class office, but not as establishing the lower class office.

(b) In the case of changing a higher class office into a lower class office, when the application for approval to close the higher class office has been approved and all conditions precedent to the closing have been fulfilled, the foreign (other nation) bank may change the higher class office into the lower class office, and the commissioner shall issue a license authorizing the bank to maintain the lower class office.

## 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_S1754. Check the current official text before relying on it. Not legal advice.