Section 4895.04 Of Article 2. Merger Into California State-licensed Foreign (other Nation) Bank From California Financial Code >> Division 1.6. >> Chapter 4. >> Article 2.
4895.04
. (a) In case the disappearing depository corporation is a
California state depository corporation, a merger has the same effect
as provided in Section 1107 of the Corporations Code and Section
4889 in the case of a merger of the type defined in Section 4880.
(b) In case the disappearing depository corporation is not a
California state depository corporation, a merger has the same effect
with respect to the disappearing corporation's business in this
state as provided in Section 1107 of the Corporations Code and
Section 4889 in the case of a merger of the type defined in Section
4880.