§ 4945
45 words·~1 min read·
/ca/financial-code/4945A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the commissioner finds all of the factors set forth in Section 4925 with respect to an application for approval of a conversion, the commissioner shall approve the application. If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.