ARTICLE 8. Holding Companies and Stock Acquisitions [5800. - 5811.]
Article 8 added by Stats. 1983, Ch. 1091, Sec. 2.
§§ 5800–5811 · 11 sections
- § 5800 For the purposes of this article the following words and phrases shall have the following meanings: (a) “Savings and loan holding company” means any person…
- § 5801 (a) Except as provided in subdivision (b), no person may become a savings and loan holding company, or thereafter register under Section 5804, unless the…
- § 5802 The commissioner shall within 60 days after the date of filing of a completed application, unless good cause is shown why a decision to approve or deny could…
- § 5803 (a) After the decision under this article by the commissioner either approving or denying the application, upon the filing with the commissioner within 30 days…
- § 5804 (a) Within 60 days following approval, or a later date if extended by the commissioner, each savings and loan holding company shall register with the…
- § 5806 Each savings and loan holding company, which is not an individual, shall pay an initial and an annual registration fee of five hundred dollars ($500) if the…
- § 5807 When a savings and loan holding company has satisfied the requirements of this article, the commissioner shall issue the holding company a certificate of…
- § 5808 No association that is a subsidiary in this state of any savings and loan holding company that does not have in effect a certificate of registration for that…
- § 5809 (a) The commissioner from time to time may require reports from any savings and loan holding company and its subsidiaries in a format deemed necessary or…
- § 5810 The commissioner shall have the enforcement powers with respect to savings and loan holding companies and their subsidiaries that are provided with respect to…
- § 5811 This article shall not apply to an acquisition of stock made pursuant to a plan or agreement of reorganization, merger, consolidation, or transfer of assets…