# Cal. FIN § 1070: Section 1070

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1070

## Section

- **Citation:** Cal. FIN § 1070
- **Heading:** Section 1070
- **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 4 / Section 1070

## Text

For purposes of this chapter, the following definitions apply:

(a) “Automated teller machine” means any electronic information processing device used by a financial institution and its customers for the primary purpose of executing transactions solely between the financial institution and its customers, if the transactions are not incidental to sales between the customer and a business entity other than a financial institution.

(b) “Branch office” means any office at which core banking business is conducted other than an automated teller machine, a device used to facilitate check guarantee or check authorization, or a remote service facility as defined in subsection (d) of Section 345.12 of Title 12 of the Code of Federal Regulations.

(c) “Core banking business” means the business of receiving deposits, paying checks, making loans, and other activities that the commissioner may specify by order or regulation. “Core banking business,” when used to describe the trust business, includes receiving fiduciary assets and administering fiduciary accounts.

(d) “Facility,” means an office at which a bank engages in noncore banking business but at which it does not engage in core banking business.

(e) “Head office” means the office designated by the bank as its headquarters.

(f) “Noncore banking business” means all activities permissible for banks, except core banking business, and except those activities prohibited by law or determined by the commissioner by regulation or order not to be noncore banking business.

(g) “Office” means the head office, any branch office, and any facility office of a bank.

(h) “Redesignate offices” means (1) the relocation by a bank of its head office to the site of a branch or facility office in this state and the concurrent establishment by the bank of an office at the former site of the head office, or (2) the relocation by a bank of a branch office to the site of a facility office and the concurrent establishment by the bank of a branch or facility office at the former site of the branch office.

## Nearby sections

- [Cal. FIN § 1070 Section 1070](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1070.md)
- [Cal. FIN § 1071 Section 1071](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1071.md)
- [Cal. FIN § 1072 Section 1072](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1072.md)
- [Cal. FIN § 1073 Section 1073](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1073.md)
- [Cal. FIN § 1074 Section 1074](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1074.md)
- [Cal. FIN § 1075 Section 1075](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1075.md)
- [Cal. FIN § 1076 Section 1076](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1076.md)
- [Cal. FIN § 1077 Section 1077](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1077.md)
- [Cal. FIN § 1078 Section 1078](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1078.md)
- [Cal. FIN § 1079 Section 1079](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1079.md)
- [Cal. FIN § 1080 Section 1080](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1080.md)
- [Cal. FIN § 1081 Section 1081](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1081.md)
- [Cal. FIN § 1082 Section 1082](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1082.md)
- [Cal. FIN § 1083 Section 1083](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1083.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cfin_D1.1_C4_S1070. Check the current official text before relying on it. Not legal advice.