Statute · California Financial Code
Cal. Fin. Code § 4964 — Conversion of California State Depository Corporation Into Federal Depository Corporation
Cal. Fin. Code § 4964
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Promptly after a conversion becomes effective, the resulting depository corporation shall:
Citator
Cal. Fin. Code § 4964 — 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.
Promptly after a conversion becomes effective, the resulting depository corporation shall:
(a) Surrender to the commissioner for cancellation the certificates of authority or licenses issued by the commissioner to the converting depository corporation; and
(b) File with the commissioner such report of the conversion as the commissioner may require.