Financial Code - FIN
DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800 - 4966]
( Heading of Division 1.6 renumbered from Division 1.5 by Stats. 2011, Ch. 243, Sec. 8. ) CHAPTER 3. Sale [4840 - 4879.17]
( Chapter 3 added by Stats. 1982, Ch. 1411, Sec. 3. ) ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank [4845 - 4862]
( Heading of Article 2 amended by Stats. 1995, Ch. 480, Sec. 128. ) 4850.
In the case of a seller or purchaser which is a California state depository corporation, any approval of the outstanding shares of the corporation required by Section 4848 or 4849 may be given before or after the approval of the board of the corporation.
(Amended by Stats. 1995, Ch. 480, Sec. 135. Effective October 2, 1995.)