reglab/housing_qa huggingface dataset:
CA Fin Code § 4901 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4901.

4901.  (a) A California state bank may merge into a national banking association, a California federally licensed foreign (other nation) bank, or an insured foreign (other state) state bank pursuant to (1) this article, (2) in case the surviving bank is a national banking association or a California federally licensed foreign (other nation) bank, federal law, and (3) in case the surviving bank is a California federally licensed foreign (other nation) bank or an insured foreign (other state) state bank, the law of the foreign bank’s domicile.(b) A California industrial loan company may merge into an insured foreign (other state) industrial loan company pursuant to (1) this article and (2) the law of the foreign industrial loan company’s domicile.(c) A California state depository corporation of any class may merge into a federal depository corporation of another class, a California federally licensed foreign (other nation) bank, or an insured foreign (other state) state depository corporation of another class pursuant to (1) this article, (2) in case the surviving depository corporation is a federal depository corporation or a California federally licensed foreign (other nation) bank, federal law, and (3) in case the surviving depository corporation is a California federally licensed foreign (other nation) bank or an insured foreign (other state) state depository corporation, the law of the domicile of the foreign bank or foreign depository corporation.(Repealed and added by Stats. 1995, Ch. 480, Sec. 168. Effective October 2, 1995.)
CA Fin Code § 4901.5 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4901.5.

4901.5.  (a) No provision of Division 1.1 (commencing with Section 1000), except the provisions of Chapter 19 (commencing with Section 1670) of Division 1.1, prohibits or restricts the merger of a California state bank or California industrial loan company.(b) No provision of Division 2 (commencing with Section 5000) prohibits or restricts the merger of a California state savings and loan association.(Amended by Stats. 2013, Ch. 334, Sec. 60. (SB 537) Effective January 1, 2014.)
CA Fin Code § 4902 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4902.

4902.  A merger is subject to the provisions of Section 1108 of the Corporations Code.(Amended by Stats. 1995, Ch. 480, Sec. 170. Effective October 2, 1995.)
CA Fin Code § 4903 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4903.

4903.  A merger shall have the same effect as provided in Section 1107 of the Corporations Code and as provided in Section 4889 in the case of a merger of the type defined in Section 4880.(Amended by Stats. 1995, Ch. 480, Sec. 172. Effective October 2, 1995.)
CA Fin Code § 4904 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4904.

4904.  Promptly after a merger becomes effective, the surviving depository corporation shall:(1) Surrender to the commissioner for cancellation the certificates of authority or licenses issued by the commissioner to the disappearing depository corporation; and(2) File with the commissioner such report of the merger as the commissioner may require.(Amended by Stats. 1996, Ch. 1064, Sec. 521. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4905 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 3 - Merger Into Federal Depository Corporation, California Federally Licensed Foreign (Other Nation) Bank, or Insured Foreign (Other State) State Depository Corporation|Section 4905.

4905.  (a) After a merger becomes effective, the surviving depository corporation may issue an officer’s certificate, stating that the disappearing depository corporation merged into the surviving depository corporation and specifying the time at which the merger became effective.(b) Any certificate issued pursuant to subdivision (a) shall be prima facie evidence of the fact of the merger and of the regularity of the proceedings taken for the merger and shall be conclusive evidence of the matters in favor of any innocent purchaser or encumbrancer for value.(Amended by Stats. 1995, Ch. 480, Sec. 173. Effective October 2, 1995.)
CA Fin Code § 4908.01 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.01.

4908.01.  In this article, unless the context otherwise requires, “merger” means any of the mergers described in Section 4908.02.(Added by Stats. 1996, Ch. 887, Sec. 46. Effective September 25, 1996.)
CA Fin Code § 4908.02 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.02.

4908.02.  With the approval of the commissioner, a California state independent trust company may merge into an uninsured foreign (other state) state depository corporation pursuant to this article and the law of the surviving depository corporation’s domicile.(Amended by Stats. 1996, Ch. 1064, Sec. 521.2. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.03 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.03.

4908.03.  A merger is subject to the provisions of Section 1108 of the Corporations Code.(Added by Stats. 1996, Ch. 887, Sec. 46. Effective September 25, 1996.)
CA Fin Code § 4908.04 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.04.

4908.04.  A disappearing or surviving depository corporation shall file an application for approval of a merger with the commissioner.(Amended by Stats. 1996, Ch. 1064, Sec. 521.3. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.05 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.05.

4908.05.  A merger shall not become effective unless it has been approved by the commissioner.(Amended by Stats. 1996, Ch. 1064, Sec. 521.4. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.06 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.06.

4908.06.  If the commissioner finds all of the following with respect to an application for approval of a merger, the commissioner shall approve the application:(a) That the shareholders’ equity of the surviving depository corporation will be adequate and that the financial condition of the surviving depository corporation will be satisfactory.(b) That the directors and executive officers of the surviving depository corporation will be satisfactory.(c) That the surviving depository corporation will afford reasonable promise of successful operation and that it is reasonable to believe that the surviving depository corporation will be operated in a safe and sound manner and in compliance with all applicable laws.(d) That the merger will be fair, just, and equitable. For purposes of this subdivision, in the case of any term of the merger that has been determined by agreement between the disappearing depository corporation and the surviving depository corporation in an arm’s-length transaction, the commissioner shall find that the term is fair, just, and equitable to the disappearing depository corporation and the surviving depository corporation.If the commissioner finds otherwise, the commissioner shall deny the application for approval of the merger.(Amended by Stats. 1996, Ch. 1064, Sec. 521.5. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.07 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.07.

4908.07.  After an application for approval of a merger has been approved and all conditions precedent to the merger have been fulfilled, the commissioner shall approve the merger.(Amended by Stats. 1996, Ch. 1064, Sec. 521.7. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.08 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.08.

4908.08.  A merger shall have the same effect as provided in Section 1107 of the Corporations Code and Section 4889 in the case of a merger of the type defined in Section 4880.(Added by Stats. 1996, Ch. 887, Sec. 46. Effective September 25, 1996.)
CA Fin Code § 4908.09 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.09.

4908.09.  Promptly after a merger becomes effective, the surviving depository corporation shall:(a) Surrender to the commissioner for cancellation the certificates of authority or licenses issued by the commissioner to the disappearing depository corporation.(b) File with the commissioner any report regarding the merger that the commissioner may require.(Amended by Stats. 1996, Ch. 1064, Sec. 521.8. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4908.10 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 4 - Merger|ARTICLE 4 - Merger of California State Independent Trust Company into Uninsured Foreign (Other State) Depository Corporation|Section 4908.10.

4908.10.  (a) After a merger becomes effective, the surviving depository corporation may issue an officers’ certificate, stating that the disappearing depository corporation merged into the surviving depository corporation and specifying the time at which the merger became effective.(b) Any certificate issued pursuant to subdivision (a) shall be prima facie evidence of the fact of the merger and of the regularity of the proceedings taken for the merger and shall be conclusive evidence of the matters in favor of any innocent purchaser or encumbrancer for value.(Added by Stats. 1996, Ch. 887, Sec. 46. Effective September 25, 1996.)
CA Fin Code § 4920 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4920.

4920.  In this article, unless the context otherwise requires, “conversion” means any of the conversions described in Section 4921.(Amended by Stats. 1996, Ch. 1064, Sec. 522. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4921 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4921.

4921.  With the approval of the commissioner, a California state depository corporation of any class may convert into a California state depository corporation of another class pursuant to this article.(Amended by Stats. 1996, Ch. 1064, Sec. 523. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4922 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4922.

4922.  (a) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its articles as may be necessary to carry out the conversion. Section 904 of the Corporations Code shall not apply to the amendments.(b) A converting depository corporation shall adopt, and shall file with the commissioner an application for approval of, such amendments to its bylaws as may be necessary to carry out the conversion. The amendments shall not take effect until they are approved by the commissioner and the conversion becomes effective.(Amended by Stats. 1996, Ch. 1064, Sec. 524. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4923 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4923.

4923.  In obtaining the approval of outstanding shares or shareholders required for any amendment to articles or bylaws called for in Section 4922, a converting depository corporation shall provide to its shareholders information as the commissioner may require. In determining the information to be required, the commissioner shall give due consideration to regulations relating to proxy statements issued under Section 14 of the Securities Exchange Act of 1934 (15 U.S.C. Sec. 78n) by (a) the Securities and Exchange Commission, (b) in the case of a depository corporation that is a bank, the federal bank regulatory agencies, and (c) in the case of a depository corporation that is a savings association, the Office of Thrift Supervision.(Amended by Stats. 1996, Ch. 1064, Sec. 525. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4924 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4924.

4924.  A converting depository corporation shall file with the commissioner an application for approval of the conversion.(Amended by Stats. 1996, Ch. 1064, Sec. 526. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4925 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4925.

4925.  If the commissioner finds all of the following with respect to an application for approval of a conversion, the commissioner shall approve the application:(a) That the shareholders equity of the resulting depository corporation will be adequate and that the financial condition of the resulting depository corporation will be satisfactory.(b) That the directors, executive officers, and any controlling person of the resulting corporation will be satisfactory.(c) That the name of the resulting depository corporation will not resemble so closely as to be likely to cause confusion the name of any other bank, savings association, or industrial loan company, as the case may be, that is transacting or has recently transacted business in this state.(d) That the resulting depository corporation will afford reasonable promise of successful operation and that it is reasonable to believe that the resulting depository corporation will be operated in a safe and sound manner and in compliance with all applicable laws.(e) In the case of a conversion of a California state savings association, that the conversion will not have a seriously adverse effect on the total availability of financing for housing in any market area of the converting savings association in this state or that any effect of that type is clearly outweighed in the public interest by the probable effect of the conversion in meeting the convenience and needs of the community to be served. Nothing in this subdivision authorizes the commissioner to require the resulting depository corporation to make financing for housing available.If the commissioner finds otherwise, the commissioner shall deny the application for approval of the conversion.(Amended by Stats. 1996, Ch. 1064, Sec. 527. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4927 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4927.

4927.  After an application for approval of a conversion has been approved and all conditions precedent to the conversion have been fulfilled, the commissioner shall approve the amendments to the articles of the converting depository corporation called for in Section 4922, endorse the approval on the certificate of amendment or other instrument containing the amendments, and specify the time at which the certificate of amendment or other instrument is to be filed with the Secretary of State. The certificate of amendment or other instrument shall be filed with the Secretary of State at the time so specified by the commissioner, and at the time of the filing, the conversion shall become effective for all purposes.(Amended by Stats. 1996, Ch. 1064, Sec. 529. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4928 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4928.

4928.  When a conversion becomes effective, the commissioner shall:(a) (1) In case the resulting depository corporation is a California state bank, issue to the resulting depository corporation a certificate of authority authorizing it to transact commercial banking business or commercial banking business and trust business, as the case may be.(2) In case the resulting depository corporation is a California state savings association, issue to the resulting depository corporation a license authorizing it to transact business as a state savings association.(3) In case the resulting depository corporation is a California industrial loan company, issue to the resulting depository corporation a certificate of authority authorizing it to transact business as an industrial loan company.(b) In any case, issue to the resulting depository corporation certificates of authority, licenses, or other appropriate authorizations for the branch offices, places of business, extensions of offices, and other facilities, if any, that the converting depository corporation was operating and that the resulting depository corporation is to continue to operate.(Amended by Stats. 1996, Ch. 1064, Sec. 530. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4929 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4929.

4929.  Promptly after a conversion becomes effective, the resulting depository corporation shall:(a) Surrender to the commissioner for cancellation the certificates of authority or licenses issued to the converting depository corporation by the commissioner; and(b) File with the commissioner such report regarding the conversion as the commissioner may require.(Amended by Stats. 1996, Ch. 1064, Sec. 531. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4930 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 1 - Conversion of California State Depository Corporation Into California State Depository Corporation|Section 4930.

4930.  (a) After a conversion becomes effective, the commissioner shall issue, upon application, a certificate under his or her official seal, stating that the converting depository corporation converted into the resulting depository corporation and specifying the time at which the conversion became effective.(b) Any certificate issued pursuant to subdivision (a) shall be prima facie evidence of the fact of the conversion and of the regularity of the proceedings taken for the conversion and shall be conclusive evidence of such matters in favor of any innocent purchaser or encumbrancer for value.(Amended by Stats. 1996, Ch. 1064, Sec. 532. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4940 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 2 - Conversion of Federal Depository Corporation Into California State Depository Corporation|Section 4940.

4940.  In this article, unless the context otherwise requires, “conversion” means any of the conversions described in Section 4941.(Amended by Stats. 1996, Ch. 1064, Sec. 533. Effective January 1, 1997. Operative July 1, 1997.)
CA Fin Code § 4941 (2021)
2021 California Code|Financial Code - FIN|DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION|CHAPTER 5 - Conversion|ARTICLE 2 - Conversion of Federal Depository Corporation Into California State Depository Corporation|Section 4941.

4941.  With the approval of the commissioner:(a) A national banking association may convert into a California state bank pursuant to this article and federal law.(b) A federal depository corporation of any class may convert into a California state depository corporation of another class pursuant to federal law and this article.(Amended by Stats. 1996, Ch. 1064, Sec. 534. Effective January 1, 1997. Operative July 1, 1997.)