California § 4928 - When a conversion becomes effective, the commissioner shall: (a) (1) In case the
Full text of California Public Contract Code - PCC § 4928 — When a conversion becomes effective, the commissioner shall: (a) (1) In case the, with citation guidance and answers to common questions.
§ 4928. When a conversion becomes effective, the commissioner shall: (a) (1) In case the
When a conversion becomes effective, the commissioner shall: (a) (1) In case the resulting depository corporation is a California state bank, issue to the resulting depository corporation a certificate of authority authorizing it to transact commercial banking business or commercial banking business and trust business, as the case may be. (2) In case the resulting depository corporation is a California state savings association, issue to the resulting depository corporation a license authorizing it to transact business as a state savings association. (3) In case the resulting depository corporation is a California industrial loan company, issue to the resulting depository corporation a certificate of authority authorizing it to transact business as an industrial loan company. (b) In any case, issue to the resulting depository corporation certificates of authority, licenses, or other appropriate authorizations for the branch offices, places of business, extensions of offices, and other facilities, if any, that the converting depository corporation was operating and that the resulting depository corporation is to continue to operate.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 4928
What does Public Contract Code - PCC § 4928 cover?
Section 4928 ("When a conversion becomes effective, the commissioner shall: (a) (1) In case the") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 4928?
A common citation format is "Public Contract Code - PCC § 4928" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 4928 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.