§ 4877.02
61 words·~1 min read·
/ca/financial-code/4877-02A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A California state bank or a California industrial loan company may sell a California branch business unit to an insured foreign (other state) bank or an insured foreign (other state) industrial loan company pursuant to
(1)this article and
(2)the law of the domicile of the insured foreign (other state) bank or the insured foreign (other state) industrial loan company.