In case a purchaser is a California state depository corporation, the provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code do not apply to the shareholders of the purchaser in a sale.
(Amended by Stats. 1995, Ch. 480, Sec. 138. Effective October 2, 1995.)
Last modified: October 25, 2018