(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 merger of a California state bank or California industrial loan company.(b)
No provision of Division 2 (commencing with Section 5000) prohibits or restricts the merger of a California state savings and loan association.
Source:
Section 4901.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=4901.5..