California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION |
Chapter 4. Merger |
ARTICLE 4. Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation |
Section 4908.02.
Latest version.
-
With the approval of the commissioner, a California state independent trust company may merge into an uninsured foreign (other state) state depository corporation pursuant to this article and the law of the surviving depository corporation's domicile.
(Amended by Stats. 1996, Ch. 1064, Sec. 521.2. Effective January 1, 1997. Operative July 1, 1997.)