Norwalk is a suburban city in Los Angeles County, California, United States. The population was 103,298 at the 2000 census. In 2009 the population was 107,698. Founded in the late 1800s, Norwalk was incorporated in as a city in 1957. It is located 17 miles (27 km) southeast of downtown Los Angeles, and 12 miles (19 km) northwest of Garden Grove. Prior to the 1950s, Norwalk had a large Dutch population, primarily connected to the large number of dairies in the area. Due to an influx of immigration primarily from Mexico, the Latino population has grown significantly. In the 1990s, Norwalk gained a significant Asian population from families priced out of wealthier neighboring Cerritos and communities in Orange County. Norwalk operates under a Council/Manager form of government, established by the Charter of the City of Norwalk which was drafted in 1957. The five-member City Council acts as the City's chief policy-making body. Every two years, Councilmembers are elected by the citizens of Norwalk to serve four-year, overlapping terms. Councilmembers are not limited to the number of terms they may serve. The Mayor is selected by the Council and serves a one-year term. Norwalk is a member of the Gateway Cities Council of Governments. Norwalk's sister cities are Hermosillo, Sonora and Fresnillo, Zacatecas in Mexico.

Banking And Finance Law Lawyers In Norwalk California

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What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.