{"code":"FIN","codeName":"Financial Code","section":"4951","citation":"Fin. Code, § 4951","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":"Added by Stats. 1982, Ch. 1411, Sec. 3.","effective":null,"html":"<p>Promptly after a conversion becomes effective, the resulting depository corporation shall:</p><p>(a) Surrender to the regulator of the converting depository corporation for cancellation the certificates of authority or licenses issued to the converting depository corporation by the regulator; and</p><p>(b) File with the regulator of the converting depository corporation such report regarding the conversion as the regulator may require.</p>","text":"Promptly after a conversion becomes effective, the resulting depository corporation shall: (a) Surrender to the regulator of the converting depository corporation for cancellation the certificates of authority or licenses issued to the converting depository corporation by the regulator; and (b) File with the regulator of the converting depository corporation such report regarding the conversion as the regulator may require.","otherVersions":[],"url":"https://blackletter.si/financial-code/conversion-of-federal-depository-corporation-into-california-4951","source":"California Legislative Information bulk export (pubinfo)"}