{"code":"FIN","codeName":"Financial Code","section":"4895.02","citation":"Fin. Code, § 4895.02","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 4. Merger [4880. - 4908.10.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-4"},{"name":"ARTICLE 2. Merger Into California State-Licensed Foreign (Other Nation) Bank [4895.01. - 4895.06.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-4/article-2"}],"history":"Amended by Stats. 1996, Ch. 1064, Sec. 519.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>With the approval of the commissioner:</p><p>(a) A California depository corporation may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the law of the foreign bank’s domicile.</p><p>(b) A foreign (other state) depository corporation that has a branch office in this state may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.</p>","text":"With the approval of the commissioner: (a) A California depository corporation may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the law of the foreign bank’s domicile. (b) A foreign (other state) depository corporation that has a branch office in this state may merge into a California state-licensed foreign (other nation) bank pursuant to (1) this article, (2) in case the disappearing depository corporation is a federal depository corporation, federal law, and (3) the laws of the domiciles of the disappearing depository corporation and of the foreign bank.","otherVersions":[],"url":"https://blackletter.si/financial-code/merger-into-california-state-licensed-foreign-other-nation-4895-02","source":"California Legislative Information bulk export (pubinfo)"}