Section 4961.5.
Cal. Financial Code - FIN § 4961.5.
in effect(a)
No provision of Division 1.1 (commencing with Section 1000), except the provisions of Chapter 19 (commencing with Section 1670) of Division 1.1, prohibits or restricts the conversion of a California state bank.
(b)
No provision of Division 2 (commencing with Section 5000) prohibits or restricts the conversion of a California state savings and loan association.
(c)
No provision of Division 7 (commencing with Section 18000), except the provisions of Chapter 10 (commencing with Section 18660) of Division 7, prohibits or restricts the conversion of a California industrial loan
company.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026