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2016 California Code
Financial Code - FIN
DIVISION 1.6 - DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION
CHAPTER 1 - General Provisions
ARTICLE 2 - Definitions
Section 4805.04.

CA Fin Code § 4805.04 (2016) What's This?

4805.04. California federally licensed foreign (other nation) bank, when used with respect to a sale or merger, means a foreign (other nation) bank that is authorized under federal law to maintain a federal agency or federal branch in this state immediately before the effective time of the sale or merger in case it is the selling or disappearing corporation or at the effective time of the sale or merger in case it is the purchasing or surviving corporation.

(Added by Stats. 1995, Ch. 480, Sec. 97. Effective October 2, 1995.)

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