Statute · California Financial Code
Cal. Fin. Code § 4949 — Conversion of Federal Depository Corporation Into California State Depository Corporation
Cal. Fin. Code § 4949
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When a conversion becomes effective, the commissioner shall issue to the resulting depository corporation certificates of authority, licenses, or other appropriate authorizations for the branch offices, places of business, extensions of offices, and other facilities, if any, that the converting…
Citator
Cal. Fin. Code § 4949 — 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.
When a conversion becomes effective, the commissioner shall issue to the resulting depository corporation certificates of authority, licenses, or other appropriate authorizations for the branch offices, places of business, extensions of offices, and other facilities, if any, that the converting depository corporation was operating and that the resulting depository corporation is to continue to operate.