California Statutes
§ 4824. — 4824. (Amended by Stats. 2013, Ch. 334, Sec. 53.)
California·Code FIN Financial Code - FIN·Div. 1.6. DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION·Ch. 1. CHAPTER 1. General Provisions·Art. 3. ARTICLE 3. Other General Provisions
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.
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California § 4824. (4824. (Amended by Stats. 2013, Ch. 334, Sec. 53.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2013, Ch. 334, Sec. 53. (SB 537) Effective January 1, 2014.