California Financial Code ARTICLE 3 - Other General Provisions

• Section 4820.
  For purposes of this division, a national banking association or federal savings association is deemed to be a corporation.(Amended by Stats. 1995, Ch. 480, Sec....
• Section 4820.5.
  For purposes of this division, depository corporations are divided into the following classes:(a) Banks.(b) Savings associations.(c) Industrial loan companies.(Added by Stats. 1995, Ch. 480, Sec. 99. Effective October...
• Section 4821.
  The provisions of the General Corporation Law (Division 1 (commencing with Section 100) of Title 1 of the Corporations Code) shall apply to any transaction...
• Section 4821.5.
  Any certificate of authority, license, or other authorization issued under subdivision (b) of Section 4858, subdivision (b) of Section 4879.12, subdivision (b) of Section 4888,...
• Section 4822.
  (a) References in this division to the voting of the shares of a California state depository corporation shall be construed in accordance with Section 111 of...
• Section 4823.
  References in this division to shareholders’ equity mean shareholders’ equity determined in accordance with generally accepted accounting principles, subject (a) in the case of California...
• Section 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...
• Section 4825.
  A California state depository corporation may merge with a corporation or other business entity that is not a depository corporation if the California state depository...
• Section 4826.
  Notwithstanding any other provision of law, no savings association or industrial loan company may convert into a bank if the ownership of the savings association...
• Section 4826.5.
  Notwithstanding any other provision of this division:(a) The provisions of Chapter 19 (commencing with Section 1670) of Division 1.1 apply to any transaction that is subject...
• Section 4827.
  Except as expressly provided otherwise in this division:(a) (1) No sale of a whole business unit (as defined in Section 4840) or merger in which the selling...
• Section 4827.3.
  Except as otherwise provided in paragraph (2) of subdivision (a) of Section 4827.7 in the case of a California state-licensed foreign (other nation) bank or...
• Section 4827.7.
  (a) (1) Except as otherwise provided in paragraph (2):(A) No California state depository corporation may, as the selling or disappearing depository corporation, make a sale or merger pursuant...
• Section 4828.
  Subject to the provisions of Sections 4827.3 and 4827.7 but notwithstanding any other provision of law:(a) (1) If, as a result of any sale, merger, or conversion...
• Section 4828.3.
  A California state bank or an industrial loan company may, with the approval of the commissioner and its board and, if the transaction constitutes a...
• Section 4828.7.
  (a) The definitions in Section 4840 apply to this section.(b) In case a California state-licensed foreign (other nation) bank sells all or substantially all of its business...

Last modified: October 22, 2018