Statute · California Financial Code

Cal. Fin. Code § 1253 — Acquisition of Control

Cal. Fin. Code § 1253

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

An application for approval to acquire control of a bank or a controlling person shall be in such form and contain such information as the commissioner may require by regulation or order and shall be accompanied by the following fee:

Citator

Cal. Fin. Code § 1253 — Acquisition of Control is in force in the current edition of the Code, and nothing recorded condemns it.

An application for approval to acquire control of a bank or a controlling person shall be in such form and contain such information as the commissioner may require by regulation or order and shall be accompanied by the following fee:

(a) In case the applicant has been a director or officer of the bank for not less than two years (or, if the bank has been in business for less than two years, for such lesser period), a fee of five hundred dollars ($500); and

(b) In any other case, a fee of one thousand five hundred dollars ($1,500).