Statute · California Financial Code

Cal. Fin. Code § 4945 — Conversion of Federal Depository Corporation Into California State Depository Corporation

Cal. Fin. Code § 4945

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

If the commissioner finds all of the factors set forth in Section 4925 with respect to an application for approval of a conversion, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.

Citator

Cal. Fin. Code § 4945 — Conversion of Federal Depository Corporation Into California State Depository Corporation is in force in the current edition of the Code, and nothing recorded condemns it.

If the commissioner finds all of the factors set forth in Section 4925 with respect to an application for approval of a conversion, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.