California Code of Regulations
Title 10 - Investment
Chapter 2 - Savings and Loan Commissioner
Subchapter 3 - Applications and Hearings
Article 2 - Applications and Hearings for Mergers, Consolidations, or Transfers of Property and Assets of Existing Associations
Section 103.213 - Certificate of Approval

Universal Citation: 10 CA Code of Regs 103.213

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Prior to the Commissioner's issuance of the certificate of approval of merger there shall be filed with the Commissioner the following:

(a) Copy of letter from the Federal Savings and Loan Insurance Corporation with respect to:

(1) Authorization to surviving association to increase insurable account in bulk, if applicable; and

(2) Effect, if any, of merger on the surviving association's insurance of accounts or continuation of insured status of accounts.

(b) Evidence of compliance with conditions of the Federal Home Loan Bank Board approval.

1. Change without regulatory effect renumbering former Section 207 to Section 103.213 (Register 87, No. 14). For prior history, see Register 77, No. 11.

Note: Authority cited: Section 5255, Financial Code. Reference: Sections 9200- 9218, Financial Code.

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