California · Financial Code

FIN §4805.13: “Merger,” when used with respect to a merger in a case where the surviving corporation is a federal depository corporation and federal law authorizes a consolidation, includes a consolidation in which

What this law says, in plain English

This statute defines the term 'merger' to include consolidations where a surviving corporation is a federal depository corporation and federal law permits such consolidation.

Read the full statutory text

“Merger,” when used with respect to a merger in a case where the surviving corporation is a federal depository corporation and federal law authorizes a consolidation, includes a consolidation in which the resulting corporation is a federal depository corporation. The provisions of this division that apply to mergers apply with appropriate changes in points of detail to consolidations of that type.

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