Section 4887 Of Article 1. Merger Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 4. >> Article 1.
4887
. (a) After an application for approval of a merger has been
approved and all conditions precedent to the merger have been
fulfilled, the commissioner shall approve the agreement of merger and
endorse the approval on the agreement of merger.
(b) After the agreement of merger has been filed with the
Secretary of State, the surviving depository corporation shall file
with the commissioner a copy of the agreement of merger certified by
the Secretary of State, and at that time the merger shall become
effective for all purposes.