Financial Code section 4824

In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:

(a)

In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.

(b)

In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.

Source: Section 4824, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4824. (accessed May 4, 2025).

4820
4820.5
4821
4821.5
4822
4823
4824
4825
4826
4826.5
4827
4827.3
4827.7
4828
4828.3
4828.7

Last Updated

Apr. 24, 2025

§ 4824’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_4824

Original Source: Section 4824, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4824. (last accessed Apr. 24, 2025).