Statute · California Financial Code
Cal. Fin. Code § 4895.05 — Merger Into California State-Licensed Foreign (Other Nation) Bank
Cal. Fin. Code § 4895.05
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) A merger shall not become effective unless it has been approved by the commissioner.
Citator
Cal. Fin. Code § 4895.05 — Merger Into California State-Licensed Foreign (Other Nation) Bank is in force in the current edition of the Code, and nothing recorded condemns it.
(a) A merger shall not become effective unless it has been approved by the commissioner.
(b) After an application for approval of a merger has been approved and all conditions precedent to the merger have been fulfilled, the commissioner shall approve the merger.