Section 4882 Of Article 1. Merger Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 4. >> Article 1.
4882
. In obtaining any approval of outstanding shares required for
a merger, the surviving depository corporation and, in case the
surviving depository corporation is to issue securities in
consideration of the merger, the disappearing depository corporation
shall each provide to its shareholders such information as the
commissioner may require. In determining the information to be
required, the commissioner shall give due consideration to
regulations relating to proxy statements issued under Section 14 of
the Securities Exchange Act of 1934 (15 U.S.C. Sec. 78n) by (a) the
Securities and Exchange Commission, (b) in the case of a depository
corporation that is a bank, the federal bank regulatory agencies, and
(c) in the case of a depository corporation that is a savings
association, the Office of Thrift Supervision.