California Financial Code

§ 4858

FIN § 4858 Effective Jan 1, 1997Div. 1.6 · Ch. 3 · Art. 2

Statute text

When a sale becomes effective:

(a)Unless the purchaser provided otherwise in the application for approval of the sale or unless the commissioner provided otherwise in the approval of the application:

(1)The purchaser may establish and maintain a branch office at the head office of the seller and establish and maintain equivalent offices at the branch offices, places of business, extensions of offices, and other facilities, if any, of the seller.

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Legislative history

Amended by Stats. 1996, Ch. 1064, Sec. 494. Effective January 1, 1997. Operative July 1, 1997.