Los Angeles Office July 14, 1980 Re: Stand-By Letters of Credit Dear Mr. ________: This is in reference to your letter of ________. Your question was whether a stand-by letter of credit accepted by your bank to support a letter of credit issued by your bank would be... Read MoreRead more about 80-4
STATE BANKING DEPARTMENT OF CALIFORNIA Los Angeles Office July 1, 1980 Re: Lock Box Arrangement — Dear ________: This is in reference to your letter of April 10, 1980 in reference to the above bank’s proposed lock box arrangement with ________. I have... Read MoreRead more about 80-1