Statute · California Financial Code
Cal. Fin. Code § 4853 — Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank
Cal. Fin. Code § 4853
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1995-10-02
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In case a purchaser is a California state depository corporation, the provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code do not apply to the shareholders of the purchaser in a sale.
Citator
Cal. Fin. Code § 4853 — 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 case a purchaser is a California state depository corporation, the provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code do not apply to the shareholders of the purchaser in a sale.