Section 10.3177 - Information Regarding Purposes of Applicants(a) State the reasons why the applicants wish to establish the subject institution.(b) State whether or not it is proposed that the subject institution be merged or consolidated with any other bank or that the business of the subject institution be sold to any other bank, and, if so, describe such proposal.Cal. Code Regs. Tit. 10, § 10.3177