Section 4805.04 Of Article 2. Definitions From California Financial Code >> Division 1.6. >> Chapter 1. >> Article 2.
4805.04
. "California federally licensed foreign (other nation)
bank," when used with respect to a sale or merger, means a foreign
(other nation) bank that is authorized under federal law to maintain
a federal agency or federal branch in this state immediately before
the effective time of the sale or merger in case it is the selling or
disappearing corporation or at the effective time of the sale or
merger in case it is the purchasing or surviving corporation.