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Marginalia
Code · California · Financial Code

§ 4951

59 words·~1 min read·/ca/financial-code/4951

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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.
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