{"code":"FIN","codeName":"Financial Code","section":"4871.5","citation":"Fin. Code, § 4871.5","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 3. Sale [4840. - 4879.17.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-3"},{"name":"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 [4870. - 4875.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-3/article-3"}],"history":"Amended by Stats. 2013, Ch. 334, Sec. 58.   (SB 537)   Effective January 1, 2014.","effective":"2014-01-01","html":"<p>(a) No provision of Division 1.1 (commencing with Section <a href=\"/fin/1000\">1000</a>), except the provisions of Chapter 19 (commencing with Section <a href=\"/fin/1670\">1670</a>) of Division 1.1, prohibits or restricts a sale in a case where the seller is a California state bank or a California industrial loan company.</p><p>(b) No provision of Division 2 (commencing with Section <a href=\"/fin/5000\">5000</a>) prohibits or restricts a sale in a case where the seller is a California state savings and loan association.</p>","text":"(a) No provision of Division 1.1 (commencing with Section 1000), except the provisions of Chapter 19 (commencing with Section 1670) of Division 1.1, prohibits or restricts a sale in a case where the seller is a California state bank or a California industrial loan company. (b) No provision of Division 2 (commencing with Section 5000) prohibits or restricts a sale in a case where the seller is a California state savings and loan association.","otherVersions":[],"url":"https://blackletter.si/financial-code/sale-of-whole-business-unit-to-federal-depository-4871-5","source":"California Legislative Information bulk export (pubinfo)"}