Bill Text: CA AB1191 | 2023-2024 | Regular Session | Introduced

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Bill Title: Depository corporations.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2024-02-01 - Died at Desk. [AB1191 Detail]

Download: California-2023-AB1191-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 1191

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Introduced by Assembly Member Flora

February 16, 2023

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An act to amend Section 4800 of the Financial Code, relating to financial institutions.

LEGISLATIVE COUNSEL'S DIGEST

AB 1191, as introduced, Flora. Depository corporations.

Existing law, the Depository Corporation Sale, Merger, and Conversion Law, generally regulates a depository corporation with respect to a sale, a merger, or a conversion of that corporation.

This bill would make a nonsubstantive change to the provision naming that law.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 4800 of the Financial Code is amended to read:

4800.

 This division shall be known and may be cited as the “Depository Corporation Sale, Merger, and Conversion Law.”