California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION |
Chapter 5. Conversion |
ARTICLE 3. Conversion of California State Depository Corporation Into Federal Depository Corporation |
Section 4961.
Latest version.
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(a) A California state bank may convert into a national banking association pursuant to this article and federal law.
(b) A California state depository corporation of any class may convert into a federal depository corporation of another class pursuant to this article and federal law.
(Repealed and added by Stats. 1995, Ch. 480, Sec. 194. Effective October 2, 1995.)