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§ 4951 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Fin Code/
  5. Division 1.6 - Depository Corporations—sale, Merger, and Conversion/
  6. Chapter 5 - Conversion/
  7. Article 2 - Conversion of Federal Depository Corporation Into California State Depository Corporation/
  8. § 4951
California Legal Code

§ 4951

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4951. Promptly after a conversion becomes effective, the resulting depository corporation shall:(a) Surrender to the regulator of the converting depository corporation for cancellation the certificates of authority or licenses issued to the converting depository corporation by the regulator; and(b) File with the regulator of the converting depository corporation such report regarding the conversion as the regulator may require.(Added by Stats. 1982, Ch. 1411, Sec. 3.)