Ca_Law

statute | California

Financial Code - FIN - FIN § 4824

  • UIDca_leginfo_codes:fin-4824
  • CitationFinancial Code - FIN - FIN § 4824
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate: (a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Se

Text

In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
(a)
In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.
(b)
In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 4824

    In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate: (a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150. (b) In case the corpora…