Promptly after a conversion becomes effective, the resulting depository corporation shall:
(a) Surrender to the regulator of the converting depository corporation for cancellation the certificates of authority or licenses issued to the converting depository corporation by the regulator; and
(b) File with the regulator of the converting depository corporation such report regarding the conversion as the regulator may require.
(Added by Stats. 1982, Ch. 1411, Sec. 3.)