§ 103.203. Merger Negotiations -Notice.

Latest version.

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.

HISTORY

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

Note: Authority cited: Section 5255, Financial Code. Reference: Sections 9200-9218, Financial Code.

                    
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