Financial Code section 4951

Promptly after a conversion becomes effective, the resulting depository corporation shall:

(a)

Surrender to the regulator of the converting depository corporation for cancellation the certificates of authority or licenses issued to the converting depository corporation by the regulator; and

(b)

File with the regulator of the converting depository corporation such report regarding the conversion as the regulator may require.

Source: Section 4951, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4951. (accessed May 26, 2025).

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Last Updated

May 12, 2025

§ 4951’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_4951

Original Source: Section 4951, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4951. (last accessed May 12, 2025).