{"code":"FIN","codeName":"Financial Code","section":"4827.3","citation":"Fin. Code, § 4827.3","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]","url":"https://blackletter.si/financial-code/division-1.6"},{"name":"CHAPTER 1. General Provisions [4800. - 4828.7.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-1"},{"name":"ARTICLE 3. Other General Provisions [4820. - 4828.7.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-1/article-3"}],"history":"Amended by Stats. 2013, Ch. 334, Sec. 56.   (SB 537)   Effective January 1, 2014.","effective":"2014-01-01","html":"<p>Except as otherwise provided in paragraph (2) of subdivision (a) of Section <a href=\"/fin/4827.7\">4827.7</a> in the case of a California state-licensed foreign (other nation) bank or in federal law in the case of a federally licensed foreign (other nation) bank, nothing in this division except subdivision (c) of Section <a href=\"/fin/4879.02\">4879.02</a> authorizes any sale or merger in a case where the purchasing or surviving corporation is a foreign (other nation) bank unless the foreign (other nation) bank is at the effective time of the sale or merger licensed under Article 3 (commencing with Section <a href=\"/fin/1800\">1800</a>) of Chapter 20 of Division 1.1 or authorized under federal law to transact in this state the business to be acquired in the sale or merger.</p>","text":"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 in federal law in the case of a federally licensed foreign (other nation) bank, nothing in this division except subdivision (c) of Section 4879.02 authorizes any sale or merger in a case where the purchasing or surviving corporation is a foreign (other nation) bank unless the foreign (other nation) bank is at the effective time of the sale or merger licensed under Article 3 (commencing with Section 1800) of Chapter 20 of Division 1.1 or authorized under federal law to transact in this state the business to be acquired in the sale or merger.","otherVersions":[],"url":"https://blackletter.si/financial-code/other-general-provisions-4827-3","source":"California Legislative Information bulk export (pubinfo)"}