California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION |
Chapter 5. Conversion |
ARTICLE 2. Conversion of Federal Depository Corporation Into California State Depository Corporation |
Section 4946.
Latest version.
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After an application for approval of a conversion has been approved by the commissioner but before the conversion becomes effective, the converting depository corporation shall file with the commissioner an application for approval of the articles of the resulting depository corporation. When the commissioner approves the articles, the commissioner shall endorse the approval on the articles. After the articles are filed with the Secretary of State, the resulting depository corporation shall file with the commissioner a copy of the articles certified by the Secretary of State.
(Amended by Stats. 2003, Ch. 404, Sec. 13. Effective January 1, 2004.)