{"code":"FIN","codeName":"Financial Code","section":"4961.5","citation":"Fin. Code, § 4961.5","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 3. Conversion of California State Depository Corporation Into Federal Depository Corporation [4960. - 4966.]","url":"https://blackletter.si/financial-code/division-1.6/chapter-5/article-3"}],"history":"Amended by Stats. 2013, Ch. 334, Sec. 61.   (SB 537)   Effective January 1, 2014.","effective":"2014-01-01","html":"<p>(a) No provision of Division 1.1 (commencing with Section <a href=\"/fin/1000\">1000</a>), except the provisions of Chapter 19 (commencing with Section <a href=\"/fin/1670\">1670</a>) of Division 1.1, prohibits or restricts the conversion of a California state bank.</p><p>(b) No provision of Division 2 (commencing with Section <a href=\"/fin/5000\">5000</a>) prohibits or restricts the conversion of a California state savings and loan association.</p><p>(c) No provision of Division 7 (commencing with Section <a href=\"/fin/18000\">18000</a>), except the provisions of Chapter 10 (commencing with Section <a href=\"/fin/18660\">18660</a>) of Division 7, prohibits or restricts the conversion of a California industrial loan company.</p>","text":"(a) No provision of Division 1.1 (commencing with Section 1000), except the provisions of Chapter 19 (commencing with Section 1670) of Division 1.1, prohibits or restricts the conversion of a California state bank. (b) No provision of Division 2 (commencing with Section 5000) prohibits or restricts the conversion of a California state savings and loan association. (c) No provision of Division 7 (commencing with Section 18000), except the provisions of Chapter 10 (commencing with Section 18660) of Division 7, prohibits or restricts the conversion of a California industrial loan company.","otherVersions":[],"url":"https://blackletter.si/financial-code/conversion-of-california-state-depository-corporation-into-4961-5","source":"California Legislative Information bulk export (pubinfo)"}