Statute · California Financial Code
Cal. Fin. Code § 4850 — Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank
Cal. Fin. Code § 4850
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1995-10-02
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the case of a seller or purchaser which is a California state depository corporation, any approval of the outstanding shares of the corporation required by Section 4848 or 4849 may be given before or after the approval of the board of the corporation.
Citator
Cal. Fin. Code § 4850 — Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank is in force in the current edition of the Code, and nothing recorded condemns it.
In the case of a seller or purchaser which is a California state depository corporation, any approval of the outstanding shares of the corporation required by Section 4848 or 4849 may be given before or after the approval of the board of the corporation.