{"code":"FIN","codeName":"Financial Code","section":"4945","citation":"Fin. Code, § 4945","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. 537.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>If the commissioner finds all of the factors set forth in Section <a href=\"/fin/4925\">4925</a> with respect to an application for approval of a conversion, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.</p>","text":"If the commissioner finds all of the factors set forth in Section 4925 with respect to an application for approval of a conversion, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.","otherVersions":[],"url":"https://blackletter.si/financial-code/conversion-of-federal-depository-corporation-into-california-4945","source":"California Legislative Information bulk export (pubinfo)"}