Cal. Fin. Code § 4941

Current through the 2023 Legislative Session.

Section 4941 - Authority to convert

With the approval of the commissioner:

(a) A national banking association may convert into a California state bank pursuant to this article and federal law.

(b) A federal depository corporation of any class may convert into a California state depository corporation of another class pursuant to federal law and this article.

Ca. Fin. Code § 4941

Amended by Stats. 1996, Ch. 1064, Sec. 534. Effective January 1, 1997. Operative July 1, 1997.