Statute · California Financial Code

Cal. Fin. Code § 1256 — Acquisition of Control

Cal. Fin. Code § 1256

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

The commissioner may, in approving a proposal to acquire control of a bank or a controlling person pursuant to Section 1254, impose such conditions as the commissioner deems reasonable or necessary or advisable in the public interest.

Citator

Cal. Fin. Code § 1256 — Acquisition of Control is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner may, in approving a proposal to acquire control of a bank or a controlling person pursuant to Section 1254, impose such conditions as the commissioner deems reasonable or necessary or advisable in the public interest.