Section 4824.
Cal. Financial Code - FIN § 4824.
in effectIn determining for purposes of this division whether the shareholders’ equity of a California state depository corporation will be adequate:
(a)
In case the corporation is, or is to convert into, a California state bank, the commissioner shall consider the factors specified in Section 1150.
(b)
In case the corporation is, or is to convert into, a California state savings association or a California industrial loan company, the commissioner shall consider factors equivalent to those specified in Section 1150.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026