Section 4951 Of Article 2. Conversion Of Federal Depository Corporation Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 5. >> Article 2.
4951
. Promptly after a conversion becomes effective, the resulting
depository corporation shall:
(a) Surrender to the regulator of the converting depository
corporation for cancellation the certificates of authority or
licenses issued to the converting depository corporation by the
regulator; and
(b) File with the regulator of the converting depository
corporation such report regarding the conversion as the regulator may
require.