Statute · California Financial Code

Cal. Fin. Code § 4908.09 — Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation

Cal. Fin. Code § 4908.09

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Promptly after a merger becomes effective, the surviving depository corporation shall:

Citator

Cal. Fin. Code § 4908.09 — Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation is in force in the current edition of the Code, and nothing recorded condemns it.

Promptly after a merger becomes effective, the surviving depository corporation shall:

(a) Surrender to the commissioner for cancellation the certificates of authority or licenses issued by the commissioner to the disappearing depository corporation.

(b) File with the commissioner any report regarding the merger that the commissioner may require.