Statute · California Financial Code

Cal. Fin. Code § 4826 — Other General Provisions

Cal. Fin. Code § 4826

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1995-10-02
Current through
Nov 2, 2026 (California Legislative Counsel)

Notwithstanding any other provision of law, no savings association or industrial loan company may convert into a bank if the ownership of the savings association or industrial loan company is such that the establishment or acquisition of control of a new state bank or national banking…

Citator

Cal. Fin. Code § 4826 — Other General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of law, no savings association or industrial loan company may convert into a bank if the ownership of the savings association or industrial loan company is such that the establishment or acquisition of control of a new state bank or national banking association by the same ownership would not be permitted by Section 3(d) of the Bank Holding Company Act of 1956 (12 U.S.C. Sec. 1842 (d)).