Statute · California Financial Code

Cal. Fin. Code § 1260 — Acquisition of Control

Cal. Fin. Code § 1260

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

There shall be exempted from the provisions of Section 1251 any transaction, including, without limitation, any type or class of transactions, which the commissioner by regulation or order exempts as not being comprehended within the purposes of this chapter and the regulation of which the…

Citator

Cal. Fin. Code § 1260 — Acquisition of Control is in force in the current edition of the Code, and nothing recorded condemns it.

There shall be exempted from the provisions of Section 1251 any transaction, including, without limitation, any type or class of transactions, which the commissioner by regulation or order exempts as not being comprehended within the purposes of this chapter and the regulation of which the commissioner finds is not necessary or appropriate in the public interest or for the protection of a bank, a controlling person, or the depositors, creditors, or shareholders of a bank or a controlling person.