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CHAPTER 1 - General Provisions
ARTICLE 1 - Short Title, Construction, and Severability
Section 4800. - 4800. This division shall be known and may be cited...
Section 4801. - 4801. In this division, unless otherwise expressly provided: (a) A...
Section 4802. - 4802. If any provision of this division or the application...
Section 4803. - 4803. If and to the extent that any provision of...
ARTICLE 2 - Definitions
Section 4805.01. - 4805.01. Subject to additional definitions contained in this division that...
Section 4805.02. - 4805.02. (a) In this division, “bank” means a commercial bank...
Section 4805.03. - 4805.03. “California” means: (a) When used with respect to a...
Section 4805.04. - 4805.04. “California federally licensed foreign (other nation) bank,” when used...
Section 4805.05. - 4805.05. “California state-licensed foreign (other nation) bank,” when used with...
Section 4805.055. - 4805.055. “Commissioner” means the Commissioner of Financial Protection and Innovation....
Section 4805.06. - 4805.06. “Depository corporation” means a state or federal depository corporation....
Section 4805.07. - 4805.07. “Federal depository corporation” means a national banking association or...
Section 4805.08. - 4805.08. “Federal savings association” means a savings association or savings...
Section 4805.09. - 4805.09. “Foreign” or “foreign (other state)” means: (a) When used...
Section 4805.10. - 4805.10. In this division, “industrial loan company” means an industrial...
Section 4805.11. - 4805.11. “Insured,” when used with respect to a depository corporation,...
Section 4805.12. - 4805.12. “Law of the domicile” means: (a) When used with...
Section 4805.13. - 4805.13. “Merger,” when used with respect to a merger in...
Section 4805.15. - 4805.15. “Share” means: (a) When used with respect to a...
Section 4805.16. - 4805.16. “Shareholder” means: (a) When used with respect to a...
Section 4805.17. - 4805.17. “State depository corporation” means a state bank, a state...
Section 4805.18. - 4805.18. “Uninsured,” when used with respect to a deposit, means...
ARTICLE 3 - Other General Provisions
Section 4820. - 4820. For purposes of this division, a national banking association...
Section 4820.5. - 4820.5. For purposes of this division, depository corporations are divided...
Section 4821. - 4821. The provisions of the General Corporation Law (Division 1...
Section 4821.5. - 4821.5. Any certificate of authority, license, or other authorization issued...
Section 4822. - 4822. (a) References in this division to the voting of...
Section 4823. - 4823. References in this division to shareholders’ equity mean shareholders’...
Section 4824. - 4824. In determining for purposes of this division whether the...
Section 4825. - 4825. A California state depository corporation may merge with a...
Section 4826. - 4826. Notwithstanding any other provision of law, no savings association...
Section 4826.5. - 4826.5. Notwithstanding any other provision of this division: (a) The...
Section 4827. - 4827. Except as expressly provided otherwise in this division: (a)...
Section 4827.3. - 4827.3. Except as otherwise provided in paragraph (2) of subdivision...
Section 4827.7. - 4827.7. (a) (1) Except as otherwise provided in paragraph (2):...
Section 4828. - 4828. Subject to the provisions of Sections 4827.3 and 4827.7...
Section 4828.3. - 4828.3. A California state bank or an industrial loan company...
Section 4828.7. - 4828.7. (a) The definitions in Section 4840 apply to this...
CHAPTER 2 - Administration
Section 4830. - 4830. Every final order, decision, license, or other official act...
Section 4831. - 4831. (a) The commissioner may from time to time issue...
Section 4832. - 4832. Whenever the commissioner issues an order or license under...
Section 4833. - 4833. In any proceeding under this division: (a) The burden...
Section 4834. - 4834. The commissioner may honor applications from interested persons for...
Section 4835. - 4835. Each application and report filed with the commissioner under...
Section 4836. - 4836. No person shall make any untrue statement of any...
Section 4837. - 4837. In determining whether to approve any application filed under...
Section 4838. - 4838. If the commissioner finds, with respect to any application...
Section 4839. - 4839. Fees shall be paid to, and collected by, the...
CHAPTER 3 - Sale
ARTICLE 1 - General Provisions
Section 4840. - 4840. In this chapter, unless the context otherwise requires: (a)...
Section 4841. - 4841. The provisions of Section 1001 of the Corporations Code...
Section 4842. - 4842. If a trust is transferred under this chapter, the...
Section 4843. - 4843. In case a national banking association or federal savings...
ARTICLE 2 - Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank
Section 4845. - 4845. In this article, unless the context otherwise requires, “sale”...
Section 4846. - 4846. With the approval of the commissioner: (a) A bank...
Section 4847. - 4847. A seller and purchaser shall make an agreement of...
Section 4848. - 4848. The agreement of sale shall be approved by the...
Section 4849. - 4849. (a) Any amendment to an agreement of sale shall...
Section 4850. - 4850. In the case of a seller or purchaser which...
Section 4851. - 4851. In obtaining any approval of outstanding shares required for...
Section 4852. - 4852. A purchaser or seller that is a California state...
Section 4853. - 4853. In case a purchaser is a California state depository...
Section 4854. - 4854. A purchaser shall file the following with the commissioner:...
Section 4855. - 4855. If the commissioner finds all of the following with...
Section 4857. - 4857. After an application for approval of a sale has...
Section 4858. - 4858. When a sale becomes effective: (a) Unless the purchaser...
Section 4859. - 4859. When a sale becomes effective: (a) The purchaser shall...
Section 4860. - 4860. No action on account of any debt or liability...
Section 4861. - 4861. Promptly after a sale becomes effective: (a) The seller...
Section 4862. - 4862. (a) After a sale becomes effective, the commissioner shall...
ARTICLE 3 - Sale of Whole Business Unit to Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation
Section 4870. - 4870. In this article, unless the context otherwise requires, “sale”...
Section 4871. - 4871. (a) A California state bank may sell its whole...
Section 4871.5. - 4871.5. (a) No provision of Division 1.1 (commencing with Section...
Section 4872. - 4872. A sale is subject to the provisions of Sections...
Section 4873. - 4873. A sale shall have the same effect as provided...
Section 4874. - 4874. Promptly after a sale becomes effective: (a) The seller...
Section 4875. - 4875. (a) After a sale becomes effective, the seller or...
ARTICLE 3.5 - Sale of Whole Business Unit of California State Independent Trust Company to Uninsured Foreign (Other State) State Depository Corporation
Section 4876.01. - 4876.01. In this article, unless the context otherwise requires, “sale”...
Section 4876.02. - 4876.02. With the approval of the commissioner, a California state...
Section 4876.03. - 4876.03. A sale is subject to the provisions of Sections...
Section 4876.04. - 4876.04. A seller shall file the following with the commissioner:...
Section 4876.05. - 4876.05. If the commissioner finds all of the following with...
Section 4876.06. - 4876.06. After an application for approval of a sale has...
Section 4876.07. - 4876.07. A sale shall have the same effect as provided...
Section 4876.08. - 4876.08. Promptly after a sale becomes effective: (a) The seller...
Section 4876.09. - 4876.09. (a) After a sale becomes effective, the seller or...
ARTICLE 4 - Certain Sales of Partial Business Units
Section 4877.01. - 4877.01. In this article, unless the context otherwise requires, “sale”...
Section 4877.02. - 4877.02. A California state bank or a California industrial loan...
Section 4877.03. - 4877.03. No provision of Division 1.1 (commencing with Section 1000),...
Section 4877.04. - 4877.04. A sale is subject to the provisions of Sections...
Section 4877.05. - 4877.05. A sale shall have the same effect as provided...
Section 4877.06. - 4877.06. Promptly after a sale becomes effective, the seller shall:...
Section 4877.07. - 4877.07. (a) After a sale becomes effective, the seller or...
ARTICLE 4.5 - Sale of Partial Trust Business Unit by California State Bank or Savings Association to Uninsured Foreign (Other State) State Depository Corporation
Section 4878.01. - 4878.01. In this article, unless the context otherwise requires, “sale”...
Section 4878.02. - 4878.02. With the approval of the commissioner, a California state...
Section 4878.03. - 4878.03. A sale is subject to the provisions of Sections...
Section 4878.04. - 4878.04. If the commissioner finds all of the following with...
Section 4878.05. - 4878.05. After an application for approval of a sale has...
Section 4878.06. - 4878.06. A sale shall have the same effect as provided...
Section 4878.07. - 4878.07. (a) In case a seller is a California state...
Section 4878.08. - 4878.08. (a) After a sale becomes effective, the seller or...
ARTICLE 5 - Other Sales of Partial Business Units
Section 4879.01. - 4879.01. In this article, unless the context otherwise requires, “sale”...
Section 4879.02. - 4879.02. With the approval of the commissioner: (a) A bank...
Section 4879.03. - 4879.03. A seller and purchaser shall make an agreement of...
Section 4879.04. - 4879.04. The agreement of sale shall be approved by the...
Section 4879.05. - 4879.05. (a) Any amendment to an agreement of sale shall...
Section 4879.06. - 4879.06. In the case of a seller or purchaser that...
Section 4879.07. - 4879.07. In obtaining any approval of outstanding shares required for...
Section 4879.08. - 4879.08. A purchaser or seller that is a California state...
Section 4879.09. - 4879.09. A purchaser or seller that is a California state...
Section 4879.10. - 4879.10. (a) In case the purchaser is either, and the...
Section 4879.11. - 4879.11. After an application for approval of a sale has...
Section 4879.12. - 4879.12. When a sale becomes effective, in case the purchaser...
Section 4879.13. - 4879.13. In case a seller is a California state commercial...
Section 4879.14. - 4879.14. When a sale becomes effective: (a) The purchaser shall...
Section 4879.15. - 4879.15. No action on account of any debt or liability...
Section 4879.16. - 4879.16. Promptly after a sale becomes effective, the seller shall:...
Section 4879.17. - 4879.17. (a) After a sale becomes effective, the commissioner shall...
CHAPTER 4 - Merger
ARTICLE 1 - Merger Into California State Depository Corporation
Section 4880. - 4880. In this article, unless the context otherwise requires: (a)...
Section 4881. - 4881. (a) With the approval of the commissioner, a bank...
Section 4882. - 4882. In obtaining any approval of outstanding shares required for...
Section 4883. - 4883. The provisions of Chapter 13 (commencing with Section 1300)...
Section 4884. - 4884. A surviving depository corporation shall file with the commissioner...
Section 4885. - 4885. If the commissioner finds all of the following with...
Section 4887. - 4887. (a) After an application for approval of a merger...
Section 4888. - 4888. When a merger becomes effective: (a) Unless the surviving...
Section 4889. - 4889. (a) When a merger becomes effective: (1) Any reference...
Section 4890. - 4890. Promptly after a merger becomes effective: (a) The surviving...
Section 4891. - 4891. (a) After a merger becomes effective, the commissioner shall,...
ARTICLE 2 - Merger Into California State-Licensed Foreign (Other Nation) Bank
Section 4895.01. - 4895.01. In this article, unless the context otherwise requires, “merger”...
Section 4895.02. - 4895.02. With the approval of the commissioner: (a) A California...
Section 4895.03. - 4895.03. In case the disappearing depository corporation is a California...
Section 4895.04. - 4895.04. (a) In case the disappearing depository corporation is a...
Section 4895.05. - 4895.05. (a) A merger shall not become effective unless it...
Section 4895.06. - 4895.06. A merger is subject to the provisions of Sections...
ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation
Section 4900. - 4900. In this article, unless the context otherwise requires, “merger”...
Section 4901. - 4901. (a) A California state bank may merge into a...
Section 4901.5. - 4901.5. (a) No provision of Division 1.1 (commencing with Section...
Section 4902. - 4902. A merger is subject to the provisions of Section...
Section 4903. - 4903. A merger shall have the same effect as provided...
Section 4904. - 4904. Promptly after a merger becomes effective, the surviving depository...
Section 4905. - 4905. (a) After a merger becomes effective, the surviving depository...
ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation
Section 4908.01. - 4908.01. In this article, unless the context otherwise requires, “merger”...
Section 4908.02. - 4908.02. With the approval of the commissioner, a California state...
Section 4908.03. - 4908.03. A merger is subject to the provisions of Section...
Section 4908.04. - 4908.04. A disappearing or surviving depository corporation shall file an...
Section 4908.05. - 4908.05. A merger shall not become effective unless it has...
Section 4908.06. - 4908.06. If the commissioner finds all of the following with...
Section 4908.07. - 4908.07. After an application for approval of a merger has...
Section 4908.08. - 4908.08. A merger shall have the same effect as provided...
Section 4908.09. - 4908.09. Promptly after a merger becomes effective, the surviving depository...
Section 4908.10. - 4908.10. (a) After a merger becomes effective, the surviving depository...
CHAPTER 5 - Conversion
ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation
Section 4920. - 4920. In this article, unless the context otherwise requires, “conversion”...
Section 4921. - 4921. With the approval of the commissioner, a California state...
Section 4922. - 4922. (a) A converting depository corporation shall adopt, and shall...
Section 4923. - 4923. In obtaining the approval of outstanding shares or shareholders...
Section 4924. - 4924. A converting depository corporation shall file with the commissioner...
Section 4925. - 4925. If the commissioner finds all of the following with...
Section 4927. - 4927. After an application for approval of a conversion has...
Section 4928. - 4928. When a conversion becomes effective, the commissioner shall: (a)...
Section 4929. - 4929. Promptly after a conversion becomes effective, the resulting depository...
Section 4930. - 4930. (a) After a conversion becomes effective, the commissioner shall...
ARTICLE 2 - Conversion of Federal Depository Corporation Into California State Depository Corporation
Section 4940. - 4940. In this article, unless the context otherwise requires, “conversion”...
Section 4941. - 4941. With the approval of the commissioner: (a) A national...
Section 4942. - 4942. A converting depository corporation shall adopt a plan of...
Section 4943. - 4943. In obtaining any approval of outstanding shares required for...
Section 4944. - 4944. A converting depository corporation shall file the following with...
Section 4945. - 4945. If the commissioner finds all of the factors set...
Section 4946. - 4946. After an application for approval of a conversion has...
Section 4948. - 4948. (a) After an application for approval of a conversion...
Section 4949. - 4949. When a conversion becomes effective, the commissioner shall issue...
Section 4950. - 4950. When a conversion becomes effective: (a) The converting depository...
Section 4951. - 4951. Promptly after a conversion becomes effective, the resulting depository...
Section 4952. - 4952. (a) After a conversion becomes effective, the commissioner shall...
ARTICLE 3 - Conversion of California State Depository Corporation Into Federal Depository Corporation
Section 4960. - 4960. In this article, unless the context otherwise requires, “conversion”...
Section 4961. - 4961. (a) A California state bank may convert into a...
Section 4961.5. - 4961.5. (a) No provision of Division 1.1 (commencing with Section...
Section 4962. - 4962. (a) A converting depository corporation shall make a plan...
Section 4963. - 4963. A conversion shall have the same effect as provided...
Section 4964. - 4964. Promptly after a conversion becomes effective, the resulting depository...
Section 4965. - 4965. (a) After a conversion becomes effective, the resulting depository...
Section 4966. - 4966. (a) Within 60 days after a conversion, the resulting...