California · Financial Code
FIN §1257: The commissioner may, for good cause, amend, alter, suspend, or revoke any approval of a proposal to acquire control of a bank or a controlling person issued pursuant to Section 1254.
What this law says, in plain English
A commissioner may amend, alter, suspend, or revoke approval of a bank acquisition proposal if there is good cause to do so.
Read the full statutory text
The commissioner may, for good cause, amend, alter, suspend, or revoke any approval of a proposal to acquire control of a bank or a controlling person issued pursuant to Section 1254.
Verify at the official source: California legislative text
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