Statute · California Financial Code
Cal. Fin. Code § 4824 — Other General Provisions
Cal. Fin. Code § 4824
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2014-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
Citator
Cal. Fin. Code § 4824 — Other General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
(a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.
(b) In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.