{"code":"FIN","codeName":"Financial Code","section":"4878.02","citation":"Fin. Code, § 4878.02","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 4.5. Sale of Partial Trust Business Unit by California State Bank or Savings Association to Uninsured Foreign (Other State) State Depository Corporation [4878.01. - 4878.08.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-3/article-4.5"}],"history":"Amended by Stats. 1996, Ch. 1064, Sec. 499.3.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>With the approval of the commissioner, a California state bank or savings association may sell a partial trust business unit to an uninsured foreign (other state) state depository corporation pursuant to (a) this article and (b) the law of the purchaser’s domicile.</p>","text":"With the approval of the commissioner, a California state bank or savings association may sell a partial trust business unit to an uninsured foreign (other state) state depository corporation pursuant to (a) this article and (b) the law of the purchaser’s domicile.","otherVersions":[],"url":"https://blackletter.si/financial-code/sale-of-partial-trust-business-unit-by-california-state-bank-4878-02","source":"California Legislative Information bulk export (pubinfo)"}