DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION 4800-4966›CHAPTER 3. Sale 4840-4879.17›ARTICLE 4. Certain Sales of Partial Business Units 4877.01-4877.07

§ 4877.02

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

A California state bank or a California industrial loan company may sell a California branch business unit to an insured foreign (other state) bank or an insured foreign (other state) industrial loan company pursuant to (1) this article and (2) the law of the domicile of the insured foreign (other state) bank or the insured foreign (other state) industrial loan company.

(Added by Stats. 1995, Ch. 480, Sec. 154. Effective October 2, 1995.)

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California Financial Code

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