California Code, Financial Code - FIN § 4895.02
Current as of January 01, 2023 | Updated by FindLaw Staff
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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, and (3) the law of the foreign bank's domicile.
(b) A foreign (other state) depository corporation that has a branch office in this state 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, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.
Cite this article: FindLaw.com - California Code, Financial Code - FIN § 4895.02 - last updated January 01, 2023 | https://codes.findlaw.com/ca/financial-code/fin-sect-4895-02/
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