Fin. Code, § 4961 · Article 3. Conversion of California State Depository Corporation Into Federal Depository Corporation
Fin. Code, § 4961
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A California state bank may convert into a national banking association pursuant to this article and federal law.
(b) A California state depository corporation of any class may convert into a federal depository corporation of another class pursuant to this article and federal law.
Notes and commentary — not statutory text
History
Repealed and added by Stats. 1995, Ch. 480, Sec. 194. Effective October 2, 1995.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4961.
- Text hash
- sha256 44b1b78a7bcf13453f5acf111157e9d899f1f55a468b162e34ee711d09de5bdf
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
Provisions in this library whose text cites Fin. Code, § 4961. Each shows the citation as that text prints it.
Financial Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.