California Financial Code CHAPTER 2 - Transition Provisions

• Section 250.
  In this chapter, unless the provision or context requires otherwise:(a) “New General Corporation Law” means Division 1 (commencing with Section 100), Title 1 of the Corporations...
• Section 251.
  For purposes of Chapter 23 (commencing with Section 2300) of the new General Corporation Law, in the case of any subject institution existing on January...
• Section 252.
  (a) Sections 600 and 600.2 of the revised Banking Law shall not apply to any subject institution existing on January 1, 1979, unless and until an...
• Section 253.
  In case the board of a subject institution has, prior to January 1, 1979, adopted a resolution levying an assessment on the common shares of...
• Section 254.
  Article 3 (commencing with Section 640), Chapter 5 of the revised Banking Law applies to any distribution to its shareholders made after January 1, 1979,...

Last modified: October 22, 2018