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Cal. Fin. Code § 5757

Power to Reorganize, Merge, Consolidate, or Transfer Assets

Known as the Savings Association Law

The act spans §§ 5000–10009 (387 sections).

Added by Stats. 1983, Ch. 1091, Sec. 2.

Notwithstanding any other provision of law, the approval of transactions under this article shall not be required by any borrowers or by holders of savings accounts in associations that issue stock.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.