BANC OF CALIFORNIA, INC. (NYSE:BANC) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
On June28, 2017, the Board of Directors of Banc of California,
Inc., a Maryland corporation (the Company), authorized a
restatement of the Companys charter, which became effective upon
the filing by the Company of articles of restatement of the
Companys charter with the Maryland Department of Assessments and
Taxation on June30, 2017. A copy of the articles of restatement
is attached hereto as Exhibit3.1 and is incorporated herein by
reference. The articles of restatement do not amend the Companys
charter and merely restate and consolidate all of the Companys
charter documents into a single instrument.
On June28, 2017, the Companys Board of Directors also approved a
restatement of the Companys bylaws that restates and consolidates
the currently effective bylaw provisions into a single document.
No amendment to the bylaws was effected by the restatement. A
copy of the Companys restated bylaws is attached hereto as
Exhibit3.2 and is incorporated herein by reference.
Item8.01 Other Events.
Effective June30, 2017, the Company voluntarily terminated its
$75million revolving credit facility, which had been scheduled to
mature on July17, 2017. The Company had $50million of borrowings
outstanding under the facility, which were repaid in connection
with the termination.
Item9.01 Financial Statements and Exhibits.
(d) |
Exhibits. |
3.1 |
Articles of Restatement of Charter |
3.2 |
Fifth Amended and Restated Bylaws |
2
BANC OF CALIFORNIA, INC. ExhibitEX-3.1 2 d406727dex31.htm EX-3.1 EX-3.1 Exhibit 3.1 BANC OF CALIFORNIA,…To view the full exhibit click here About BANC OF CALIFORNIA, INC. (NYSE:BANC)
Banc of California, Inc. provides banking services to California’s diverse businesses, entrepreneurs and homeowners. The Bank was formed through the merger of four of Southern California’s community banking franchises. The Bank offers a range of financial services to meet the banking and financial needs of the communities it serves, with operations conducted through over 100 banking offices across California and across the West. The Bank’s deposit product and service offerings include checking, savings, money market, certificates of deposit, retirement accounts, as well as online, telephone and mobile banking, automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, Automated Clearing House (ACH) origination, wire transfer, direct deposit and safe deposit boxes.
