California § 4879.08. 4879.08. (Added by Stats. 1995, Ch. 480, Sec. 155.)

California Statutes

§ 4879.08. — 4879.08. (Added by Stats. 1995, Ch. 480, Sec. 155.)

California § 4879.08.

JurisdictionCalifornia

Code FINFinancial Code - FIN

Div. 1.6.DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION

Ch. 3.CHAPTER 3. Sale

Art. 5.ARTICLE 5. Other Sales of Partial Business Units

This text of California § 4879.08. (4879.08. (Added by Stats. 1995, Ch. 480, Sec. 155.)) 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.

Bluebook

Cal. Financial Code - FIN Code § 4879.08. (2026).

Text

A purchaser or seller that is a California state depository corporation, with the approval or its board and without further approval of the outstanding shares, may, and any other purchaser or seller, with approval as may be required under the law of its domicile, may, in its discretion, abandon the sale at any time before the sale becomes effective, subject to the contractual rights, if any, of other parties, including the seller or purchaser, as the case may be.

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A purchaser or seller that is a California state depository corporation, with the approval or its board and without further approval of the outstanding shares, may, and any other purchaser or seller, with approval as may be required under the law of its domicile, may, in its discretion, abandon the sale at any time before the sale becomes effective, subject to the contractual rights, if any, of other parties, including the seller or purchaser, as the case may be.