Earlier editions: 2020-112018-11
DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION 4800-4966›CHAPTER 4. Merger 4880-4908.10›ARTICLE 2. Merger Into California State-Licensed Foreign (Other Nation) Bank 4895.01-4895.06
§ 4895.04
California Financial Code · 2026 edition · updated 2026-10-04 · California
(a) In case the disappearing depository corporation is a California state depository corporation, a merger has the same effect as provided in Section 1107 of the Corporations Code and Section 4889 in the case of a merger of the type defined in Section 4880.
(b) In case the disappearing depository corporation is not a California state depository corporation, a merger has the same effect with respect to the disappearing corporation’s business in this state as provided in Section 1107 of the Corporations Code and Section 4889 in the case of a merger of the type defined in Section 4880.
(Added by Stats. 1995, Ch. 480, Sec. 164. Effective October 2, 1995.)
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