GroundRules
FIN § 4890
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]
- CHAPTER 4. Merger [4880. - 4908.10.]
- ARTICLE 1. Merger Into California State Depository Corporation [4880. - 4891.]
Promptly after a merger becomes effective:
(a) The surviving depository corporation shall:
(1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the regulator; and
(2) File with the regulator of the disappearing depository corporation such report regarding the merger as the regulator may require.
(b) The commissioner shall file a report regarding the merger with the Secretary of State.
Collected 2026-09-14T05:56:33Z. Source file · JSON