Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 4890 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Fin Code/
  5. Division 1.6 - Depository Corporations—sale, Merger, and Conversion/
  6. Chapter 4 - Merger/
  7. Article 1 - Merger Into California State Depository Corporation/
  8. § 4890
California Legal Code

§ 4890

Ask AI about this
4890. Promptly after a merger becomes effective:(a) The surviving depository corporation shall:(1) Surrender to the regulator of the disappearing depository corporation for cancellation the certificates of authority or licenses issued to the disappearing depository corporation by the regulator; and(2) File with the regulator of the disappearing depository corporation such report regarding the merger as the regulator may require.(b) The commissioner shall file a report regarding the merger with the Secretary of State.(Amended by Stats. 1996, Ch. 1064, Sec. 517. Effective January 1, 1997. Operative July 1, 1997.)