GroundRules
FIN § 4824
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]
- CHAPTER 1. General Provisions [4800. - 4828.7.]
- ARTICLE 3. Other General Provisions [4820. - 4828.7.]
In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
(a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.
(b) In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.
Collected 2026-09-14T05:56:33Z. Source file · JSON