Statute · California Financial Code

Cal. Fin. Code § 4922 — Conversion of California State Depository Corporation Into California State Depository Corporation

Cal. Fin. Code § 4922

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

(a) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its articles as may be necessary to carry out the conversion. Section 904 of the Corporations Code shall not apply to the amendments.

Citator

Cal. Fin. Code § 4922 — Conversion of California State Depository Corporation Into California State Depository Corporation is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its articles as may be necessary to carry out the conversion. Section 904 of the Corporations Code shall not apply to the amendments.

(b) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its bylaws as may be necessary to carry out the conversion. The amendments shall not take effect until they are approved by the commissioner and the conversion becomes effective.