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 5. Conversion [4920 - 4966]
( Chapter 5 added by Stats. 1982, Ch. 1411, Sec. 3. ) ARTICLE 2. Conversion of Federal Depository Corporation Into California State Depository Corporation [4940 - 4952]
( Heading of Article 2 amended by Stats. 1995, Ch. 480, Sec. 182. ) 4949.
When a conversion becomes effective, the commissioner shall issue to the resulting depository corporation certificates of authority, licenses, or other appropriate authorizations for the branch offices, places of business, extensions of offices, and other facilities, if any, that the converting depository corporation was operating and that the resulting depository corporation is to continue to operate.
(Amended by Stats. 1996, Ch. 1064, Sec. 541. Effective January 1, 1997. Operative July 1, 1997.)