California Codes > Financial Code > Division 1.6 > Chapter 5 > Article 2 – Conversion of Federal Depository Corporation Into California State Depository Corporation


§ 4940	In this article, unless the context otherwise requires, “conversion” …
§ 4941	With the approval of the commissioner:(a) A national banking …
§ 4942	A converting depository corporation shall adopt a plan of conversion …
§ 4943	In obtaining any approval of outstanding shares required for a plan …
§ 4944	A converting depository corporation shall file the following with the …
§ 4945	If the commissioner finds all of the factors set forth in Section …
§ 4946	After an application for approval of a conversion has been approved …
§ 4948	(a) After an application for approval of a conversion has been …
§ 4949	When a conversion becomes effective, the commissioner shall issue to …
§ 4950	When a conversion becomes effective:(a) The converting …
§ 4951	Promptly after a conversion becomes effective, the resulting …
§ 4952	(a) After a conversion becomes effective, the commissioner shall …

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
conversion: means any of the conversions described in Section 4941. See California Financial Code 4940
County: includes city and county. See California Health and Safety Code 14
department: means State Department of Health Services. See California Health and Safety Code 20
Fiduciary: A trustee, executor, or administrator.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8

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