§ 1853
71 words·~1 min read·
/ca/financial-code/1853A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The articles of a corporation shall provide that the purpose of the corporation is to engage in the business of international and foreign banking and other international and foreign financial operations, the business of banking and other financial operations in any dependency or insular possession of the United States, and any other lawful activities which are not, by applicable laws or regulations, prohibited to a corporation transacting business under this article.