Cal. Fin. Code § 4824
Other General Provisions
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2013
As of January 1, 2011
In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
In determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
(a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 660.
(a) In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.
(b) In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 660.
(b) In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.