Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 1 - Commissioner of Business Oversight, Division of Financial InstitutionsSubchapter 10 - BanksArticle 4 - Establishment of California State BanksSubarticle 5 - Conversion of California National Bank into California State Bank
Part 4 - Post-Approval Matters
Section 10.4458 - Permit

Cal. Code Regs. tit. 10 § 10.4458

Download
PDF
Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Section 10.4458 - Permit

After the certified copy of the articles of a subject institution has been filed with the Commissioner, such subject institution shall file with the Commissioner an application for a permit authorizing it to sell securities in exchange for specified issued and outstanding securities of the applicant upon conversion of the applicant into the subject institution.

Cal. Code Regs. Tit. 10, § 10.4458

1. Amendment of section and new NOTE filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

Note: Authority cited: Section 4831, Financial Code. Reference: Section 692 and Article 2, Chapter 5, Division 1.5, Financial Code.

1. Amendment of section and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).