Statute · California Financial Code

Cal. Fin. Code § 5754 — Power to Reorganize, Merge, Consolidate, or Transfer Assets

Cal. Fin. Code § 5754

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

In a merger the agreement shall state any matters with respect to which the articles of the surviving association are deemed amended and the articles shall be amended accordingly, without any further proceedings, upon the effective date of the merger, but with respect to any amendments, the…

Citator

Cal. Fin. Code § 5754 — Power to Reorganize, Merge, Consolidate, or Transfer Assets is in force in the current edition of the Code, and nothing recorded condemns it.

In a merger the agreement shall state any matters with respect to which the articles of the surviving association are deemed amended and the articles shall be amended accordingly, without any further proceedings, upon the effective date of the merger, but with respect to any amendments, the agreement shall meet the requirements of Section 907 of the Corporations Code in identifying any provisions to be amended, stricken, or added and shall set forth in full the wording of the provision as amended or added or the wording of the amended articles if they be amended in full.