Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 2 - Savings and Loan CommissionerSubchapter 3 - Applications and Hearings
Article 2 - Applications and Hearings for Mergers, Consolidations, or Transfers of Property and Assets of Existing Associations
Section 103.203 - Merger Negotiations-Notice

Cal. Code Regs. tit. 10 § 103.203

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Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Section 103.203 - Merger Negotiations-Notice

One of the constituent associations shall immediately give written notice to the commissioner, at the earliest time that would not violate the disclosure rules of the United States Securities and Exchange Commission, Stock Exchange rules, or court decisions, when the boards of directors of the constituent associations adopt resolutions approving the merger or when a merger agreement has been executed, whichever first occurs. One of the constituent associations shall immediately notify the commissioner, in writing, of the abandonment of any proposed merger.

Cal. Code Regs. Tit. 10, § 103.203

1. Change without regulatory effect renumbering former Section 203 to Section 103.203 (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.

1. Change without regulatory effect renumbering former Section 203 to Section 103.203 (Register 87, No. 14). For prior history, see Register 77, No. 11.