{"code":"FIN","codeName":"Financial Code","section":"4890","citation":"Fin. Code, § 4890","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 4. Merger [4880. - 4908.10.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-4"},{"name":"ARTICLE 1. Merger Into California State Depository Corporation [4880. - 4891.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-4/article-1"}],"history":"Amended by Stats. 1996, Ch. 1064, Sec. 517.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>Promptly after a merger becomes effective:</p><p>(a) The surviving depository corporation shall:</p><p>(1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the regulator; and</p><p>(2) File with the regulator of the disappearing depository corporation such report regarding the merger as the regulator may require.</p><p>(b) The commissioner shall file a report regarding the merger with the Secretary of State.</p>","text":"Promptly after a merger becomes effective: (a) The surviving depository corporation shall: (1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the regulator; and (2) File with the regulator of the disappearing depository corporation such report regarding the merger as the regulator may require. (b) The commissioner shall file a report regarding the merger with the Secretary of State.","otherVersions":[],"url":"https://blackletter.si/financial-code/merger-into-california-state-depository-corporation-4890","source":"California Legislative Information bulk export (pubinfo)"}