{"code":"FIN","codeName":"Financial Code","section":"4941","citation":"Fin. Code, § 4941","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 5. Conversion [4920. - 4966.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-5"},{"name":"ARTICLE 2. Conversion of Federal Depository Corporation Into California State Depository Corporation [4940. - 4952.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-5/article-2"}],"history":"Amended by Stats. 1996, Ch. 1064, Sec. 534.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>With the approval of the commissioner:</p><p>(a) A national banking association may convert into a California state bank pursuant to this article and federal law.</p><p>(b) A federal depository corporation of any class may convert into a California state depository corporation of another class pursuant to federal law and this article.</p>","text":"With the approval of the commissioner: (a) A national banking association may convert into a California state bank pursuant to this article and federal law. (b) A federal depository corporation of any class may convert into a California state depository corporation of another class pursuant to federal law and this article.","otherVersions":[],"url":"https://blackletter.si/financial-code/conversion-of-federal-depository-corporation-into-california-4941","source":"California Legislative Information bulk export (pubinfo)"}