GroundRules
FIN § 4857
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]
- CHAPTER 3. Sale [4840. - 4879.17.]
- ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank [4845. - 4862.]
After an application for approval of a sale has been approved and all conditions precedent to the sale have been fulfilled, the commissioner shall approve the agreement of sale and endorse the approval on the original or a copy of the agreement of sale, and at that time the sale shall become effective for all purposes.
Collected 2026-09-14T05:56:33Z. Source file · JSON