ARTICLE 1. Conversion of California State Depository Corporation Into California State Depository Corporation
Heading of Article 1 amended by Stats. 1995, Ch. 480, Sec. 174.
§§ 4920–4930 · 10 sections
- § 4920 In this article, unless the context otherwise requires, “conversion” means any of the conversions described in Section 4921.
- § 4921 With the approval of the commissioner, a California state depository corporation of any class may convert into a California state depository corporation of…
- § 4922 (a) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its articles as…
- § 4923 In obtaining the approval of outstanding shares or shareholders required for any amendment to articles or bylaws called for in Section 4922, a converting…
- § 4924 A converting depository corporation shall file with the commissioner an application for approval of the conversion.
- § 4925 If the commissioner finds all of the following with respect to an application for approval of a conversion, the commissioner shall approve the application: (a)…
- § 4927 After an application for approval of a conversion has been approved and all conditions precedent to the conversion have been fulfilled, the commissioner shall…
- § 4928 When a conversion becomes effective, the commissioner shall: (a) (1) In case the resulting depository corporation is a California state bank, issue to the…
- § 4929 Promptly after a conversion becomes effective, the resulting depository corporation shall: (a) Surrender to the commissioner for cancellation the certificates…
- § 4930 (a) After a conversion becomes effective, the commissioner shall issue, upon application, a certificate under his or her official seal, stating that the…