California Financial Code

§ 4876.02

FIN § 4876.02 Effective Jan 1, 1997Div. 1.6 · Ch. 3 · Art. 3.5

Statute text

With the approval of the commissioner, a California state independent trust company may sell its whole business unit to an uninsured foreign (other state) state depository corporation pursuant to this article and the law of the purchaser’s domicile.

Legislative history

Amended by Stats. 1996, Ch. 1064, Sec. 497.2. Effective January 1, 1997. Operative July 1, 1997.