Financial Code section 4843

In case a national banking association or federal savings association that is authorized to transact trust business in this state sells a partial business unit located in this state of the type described in paragraph (1) or subparagraph (A) or (B) of paragraph (2) of subdivision (e) of Section 4840 to a national banking association or federal savings association pursuant to federal law, the sale shall:

(a)

Have the same effect as provided in subdivision (e) of Section 4879.14 in the case of a sale of the type defined in Section 4879.01.

(b)

Be subject to the provisions of Section 4842.

Source: Section 4843, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=4843.­ (updated Jan. 1, 2004; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 4843’s source at ca​.gov