Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 1.6.: DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION/Ch. 3.: CHAPTER 3. Sale/Art. 2.: ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank/§ 4857.
California Statutes

§ 4857. — 4857. (Amended by Stats. 1996, Ch. 1064, Sec. 493.1.)

California § 4857.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.6.DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION
Ch. 3.CHAPTER 3. Sale
Art. 2.ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank

This text of California § 4857. (4857. (Amended by Stats. 1996, Ch. 1064, Sec. 493.1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Cal. Financial Code - FIN Code § 4857. (2026).

Text

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.

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Legislative History

Amended by Stats. 1996, Ch. 1064, Sec. 493.1. Effective January 1, 1997. Operative July 1, 1997.
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California § 4857., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/4857..