Assembly BillIntroducedFinancial
AB 2621: Banking Law.
What AB 2621 does, verified February 24, 2026
The bill aims to amend the existing banking law in California. It authorizes a corporation to conduct commercial banking or trust business, or both, with the approval of the commissioner of financial protection and innovation. The proposed bank or trust company must submit its articles of incorporation to the commissioner for approval. The bill would make a nonsubstantive change to the existing provision requiring the submission of articles of incorporation, which would simplify the process.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: From printer. May be heard in committee March 23. (2026-02-21)Alert me
Author and sponsors
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| Feb. 21, 2026 | From printer. May be heard in committee March 23. |
| Feb. 20, 2026 | Read first time. To print. |