Ca_Law

statute | California

Financial Code - FIN - FIN § 1040

  • UIDca_leginfo_codes:fin-1040
  • CitationFinancial Code - FIN - FIN § 1040
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

In this article: (a) “Preopening expenditure” means any obligation incurred, or sum disbursed, by a bank prior to the time when it commences to transact banking business, for the purpose of organizing such bank. (b) “Preopening noncapital expenditure” means any preopening expendi

Text

In this article:
(a)
“Preopening expenditure” means any obligation incurred, or sum disbursed, by a bank prior to the time when it commences to transact banking business, for the purpose of organizing such bank.
(b)
“Preopening noncapital expenditure” means any preopening expenditure other than such preopening expenditures as may be
capitalized.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 1040

    In this article: (a) “Preopening expenditure” means any obligation incurred, or sum disbursed, by a bank prior to the time when it commences to transact banking business, for the purpose of organizing such bank. (b) “Preopening noncapital expenditure” means any preopening expenditure other than such preopening exp…