Section 4890 Of Article 1. Merger Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 4. >> Article 1.
4890
. Promptly after a merger becomes effective:
(a) The surviving depository corporation shall:
(1) Surrender to the regulator of the disappearing depository
corporation for cancellation the certificates of authority or
licenses issued to the disappearing depository corporation by the
regulator; and
(2) File with the regulator of the disappearing depository
corporation such report regarding the merger as the regulator may
require.
(b) The commissioner shall file a report regarding the merger with
the Secretary of State.