Section 4891 Of Article 1. Merger Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 4. >> Article 1.
4891
. (a) After a merger becomes effective, the commissioner shall,
upon application, issue a certificate under his or her official
seal, stating that the disappearing depository corporation merged
into the surviving depository corporation and specifying the time at
which the merger became effective.
(b) Any certificate issued pursuant to subdivision (a) shall be
prima facie evidence of the fact of the merger and of the regularity
of the proceedings taken for the merger and shall be conclusive
evidence of such matters in favor of any innocent purchaser or
encumbrancer for value.