{"data":{"id":"us-ca/fin-253","jurisdiction":"us-ca","citation":"FIN § 253","heading":"","body":"In case the board of a subject institution has, prior to January 1, 1979, adopted a resolution levying an assessment on the common shares of such subject institution in accordance with an order issued by the commissioner pursuant to Section 661 of the prior Banking Law:\n(a) If the assessment has, prior to January 1, 1979, become a lien on the common shares in accordance with Section 2704 of the prior General Corporation Law, the assessment shall be collected pursuant to the prior General Corporation Law:\n(b) Otherwise, the resolution shall be deemed to be rescinded on January 1, 1979.","path":["Financial Code - FIN","DIVISION 1. FINANCIAL INSTITUTIONS [99. - 900.]","CHAPTER 2. Transition Provisions [250. - 254.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"91dee4b5d5ac6fafc7d704e47eafee16fcf476a8449d731ca7721e1d79901ca0","source_id":"us-ca","stale":false,"prev":"us-ca/fin-252","next":"us-ca/fin-254"},"notice":"GroundRules: Original legal text. Not legal advice."}