California legal term
Financial institution in California Criminal Law
Current through 2026 California legislative session
In California criminal law, “Financial institution” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the California criminal code.
What does “Financial institution” mean in California criminal law?
“Financial institution” means, when located or doing business in this state, any national bank or banking association, state bank or banking association, commercial bank or trust company organized under the laws of the United States or any state, any private bank, industrial savings bank, savings bank or thrift institution, savings and loan association, or building and loan association organized under the laws of the United States or any state, any insured institution as defined in Section 401 of the National Housing Act (12 U.S.C. (Cal. Penal Code § 186.9)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.