§ 4890
75 words·~1 min read·
/ca/financial-code/4890A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.