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Financial Code - FIN - FIN § 4879.15

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4879.15

No action on account of any debt or liability assumed by a purchaser in a sale may be commenced against the seller more than one year after the time when the sale becomes effective.

Financial Code - FIN - FIN § 4879.16

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4879.16

Promptly after a sale becomes effective, the seller shall: (a) Surrender to its regulator for cancellation the certificates of authority or licenses issued to it by the regulator that relate to the partial business unit sold. (b) File with its regulator any report regarding the s

Financial Code - FIN - FIN § 4879.17

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4879.17

(a) After a sale becomes effective, the commissioner shall issue, upon application, a certificate under his or her official seal, stating that the seller sold a partial business unit to the purchaser, describing the business unit, and specifying the time at which the sale became

Financial Code - FIN - FIN § 4880

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4880

In this article, unless the context otherwise requires: (a) “Agreement of merger” includes a certificate of ownership executed pursuant to Section 1110 of the Corporations Code. (b) “Merger” means any of the mergers described in Section 4881.

Financial Code - FIN - FIN § 4881

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4881

(a) With the approval of the commissioner, a bank may merge into a California state bank pursuant to (1) this article, (2) in case the disappearing bank is a national banking association or a California federally licensed foreign (other nation) bank, federal law, and (3) in case

Financial Code - FIN - FIN § 4882

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4882

In obtaining any approval of outstanding shares required for a merger, the surviving depository corporation and, in case the surviving depository corporation is to issue securities in consideration of the merger, the disappearing depository corporation shall each provide to its s

Financial Code - FIN - FIN § 4883

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4883

The provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code shall not apply to the shareholders of the surviving depository corporation in a merger.

Financial Code - FIN - FIN § 4884

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4884

A surviving depository corporation shall file with the commissioner an application for approval of the merger.

Financial Code - FIN - FIN § 4885

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4885

If the commissioner finds all of the following with respect to an application for approval of a merger, the commissioner shall approve the application: (a) That the merger will not result in a monopoly and will not be in furtherance of any combination or conspiracy to monopolize

Financial Code - FIN - FIN § 4887

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4887

(a) After an application for approval of a merger has been approved and all conditions precedent to the merger have been fulfilled, the commissioner shall approve the agreement of merger and endorse the approval on the agreement of merger. (b) After the agreement of merger has be

Financial Code - FIN - FIN § 4888

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4888

When a merger becomes effective: (a) Unless the surviving depository corporation provided otherwise in the application for approval of the merger or unless the commissioner provided otherwise in the approval of the application: (1) The surviving depository corporation may establi

Financial Code - FIN - FIN § 4889

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4889

(a) When a merger becomes effective: (1) Any reference to the disappearing depository corporation in any writing, whether executed or taking effect before or after the merger, shall be deemed a reference to the surviving corporation, if not inconsistent with the other provisions

Financial Code - FIN - FIN § 4890

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4890

Promptly after a merger becomes effective: (a) The surviving depository corporation shall: (1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the

Financial Code - FIN - FIN § 4891

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4891

(a) After a merger becomes effective, the commissioner shall, upon application, issue a certificate under his or her official seal, stating that the disappearing depository corporation merged into the surviving depository corporation and specifying the time at which the merger be

Financial Code - FIN - FIN § 4895.01

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.01

In this article, unless the context otherwise requires, “merger” means any of the mergers described in Section 4895.02.

Financial Code - FIN - FIN § 4895.02

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.02

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

Financial Code - FIN - FIN § 4895.03

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.03

In case the disappearing depository corporation is a California state depository corporation, a merger is subject to the provisions of Section 1108 of the Corporations Code.

Financial Code - FIN - FIN § 4895.04

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.04

(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 disapp

Financial Code - FIN - FIN § 4895.05

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.05

(a) A merger shall not become effective unless it has been approved by the commissioner. (b) After an application for approval of a merger has been approved and all conditions precedent to the merger have been fulfilled, the commissioner shall approve the merger.

Financial Code - FIN - FIN § 4895.06

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4895.06

A merger is subject to the provisions of Sections 4884 to 4885, inclusive, and 4888 to 4891, inclusive, as if the merger were a merger of the type defined in Section 4880.

Financial Code - FIN - FIN § 4900

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4900

In this article, unless the context otherwise requires, “merger” means any of the mergers described in Section 4901.

Financial Code - FIN - FIN § 4901

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4901

(a) A California state bank may merge into a national banking association, a California federally licensed foreign (other nation) bank, or an insured foreign (other state) state bank pursuant to (1) this article, (2) in case the surviving bank is a national banking association or

Financial Code - FIN - FIN § 4901.5

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4901.5

(a) No provision of Division 1.1 (commencing with Section 1000), except the provisions of Chapter 19 (commencing with Section 1670) of Division 1.1, prohibits or restricts the merger of a California state bank or California industrial loan company. (b) No provision of Division 2

Financial Code - FIN - FIN § 4902

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4902

A merger is subject to the provisions of Section 1108 of the Corporations Code.

Financial Code - FIN - FIN § 4903

statute | California | California Legislative Counsel

Financial Code - FIN - FIN § 4903

A merger shall have the same effect as provided in Section 1107 of the Corporations Code and as provided in Section 4889 in the case of a merger of the type defined in Section 4880.