This chapter does not apply to any of the following transactions:
(a) An acquisition of control of a California state bank that requires the approval of the commissioner under Chapter 7 (commencing with Section 1250).
(b) A sale or merger that requires the approval of the commissioner under Division 1.6 (commencing with Section 4800).
(Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)