AB 2621 California Assembly · 2025-2026 Regular Session

Banking Law.

Summary

Existing law, the Banking Law, authorizes a corporation to be formed by one or more persons in accordance with the laws of this state for the purpose of conducting a commercial banking business or a trust business, or both of them, when authorized by the Commissioner of Financial Protection and Innovation, as provided. As part of the authorization process, existing law requires the articles of incorporation of the proposed bank or trust company to be submitted to the commissioner for their approval. This bill would make a nonsubstantive change to the provision requiring the articles of incorporation to be submitted to the commissioner for their approval.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 20, 2026 Last action Feb 21, 2026

Maddy AI version diff · 1 comparison

What changed between versions

02/20/26 - Introduced → AB2621 · 1 edit

MINOR

No substantive legislative changes occurred between these two versions. The diff reflects only a difference in how the same bill text was captured: the first version is a plain-text or PDF extraction with line numbers and page headers, while the second is a web page scrape that includes site navigation elements (menus, search boxes, links). The actual statutory language of AB 2621 is identical in both versions.

TECHNICAL

The only apparent change is formatting: the first version includes line numbers and page headers from a document extraction, while the second version includes website navigation chrome (skip to content, home, accessibility, FAQ, feedback, sitemap, login, search fields, and other UI elements). No words in the bill text itself were added, removed, or altered.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 21, 2026

Lower · Passed

From printer. May be heard in committee March 23.

lower

1 primary · 0 co-sponsors