Financial Code section 4895.02

With the approval of the commissioner:

(a)

A California depository corporation may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the law of the foreign bank’s domicile.

(b)

A foreign (other state) depository corporation that has a branch office in this state may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.

Source: Section 4895.02, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=4895.­02.­ (updated Jan. 1, 1997; accessed Jul. 14, 2025).

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Verified:
Jul. 14, 2025

§ 4895.02's source at ca​.gov