California § 4895.02. 4895.02. (Amended by Stats. 1996, Ch. 1064, Sec. 519.)

California Statutes

§ 4895.02. — 4895.02. (Amended by Stats. 1996, Ch. 1064, Sec. 519.)

California·Code FIN Financial Code - FIN·Div. 1.6. DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION·Ch. 4. CHAPTER 4. Merger·Art. 2. ARTICLE 2. Merger Into California State-Licensed Foreign (Other Nation) Bank

With the approval of the commissioner:

(a)A California depository corporation may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the law of the foreign bank’s domicile.

(b)A foreign (other state) depository corporation that has a branch office in this state may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.

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With the approval of the commissioner:
(a)
A California depository corporation may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the law of the foreign bank’s domicile.
(b)
A foreign (other state) depository corporation that has a branch office in this state may merge
into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.

California § 4895.02. (4895.02. (Amended by Stats. 1996, Ch. 1064, Sec. 519.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.