Statute · California Financial Code

Cal. Fin. Code § 4961 — Conversion of California State Depository Corporation Into Federal Depository Corporation

Cal. Fin. Code § 4961

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1995-10-02
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A California state bank may convert into a national banking association pursuant to this article and federal law.

Citator

Cal. Fin. Code § 4961 — Conversion of California State Depository Corporation Into Federal Depository Corporation is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A California state bank may convert into a national banking association pursuant to this article and federal law.

(b) A California state depository corporation of any class may convert into a federal depository corporation of another class pursuant to this article and federal law.