ARTICLE 1. Merger Into California State Depository Corporation [4880. - 4891.]

Heading of Article 1 amended by Stats. 1995, Ch. 480, Sec. 156.

§§ 4880–4891 · 11 sections

• § 4880 In this article, unless the context otherwise requires: (a) “Agreement of merger” includes a certificate of ownership executed pursuant to Section 1110 of the…
• § 4881 (a) With the approval of the commissioner, a bank may merge into a California state bank pursuant to (1) this article, (2) in case the disappearing bank is a…
• § 4882 In obtaining any approval of outstanding shares required for a merger, the surviving depository corporation and, in case the surviving depository corporation…
• § 4883 The provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code shall not apply to the shareholders of the…
• § 4884 A surviving depository corporation shall file with the commissioner an application for approval of the merger.
• § 4885 If the commissioner finds all of the following with respect to an application for approval of a merger, the commissioner shall approve the application: (a)…
• § 4887 (a) After an application for approval of a merger has been approved and all conditions precedent to the merger have been fulfilled, the commissioner shall…
• § 4888 When a merger becomes effective: (a) Unless the surviving depository corporation provided otherwise in the application for approval of the merger or unless the…
• § 4889 (a) When a merger becomes effective: (1) Any reference to the disappearing depository corporation in any writing, whether executed or taking effect before or…
• § 4890 Promptly after a merger becomes effective: (a) The surviving depository corporation shall: (1) Surrender to the regulator of the disappearing depository…
• § 4891 (a) After a merger becomes effective, the commissioner shall, upon application, issue a certificate under his or her official seal, stating that the…