Item 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS
 
The Board of Directors of Wilshire Bancorp, Inc. (the “Company”) amended Article V of the Company’s Bylaws (the “Bylaws”), effective as of November 29, 2007, to allow for the Company to provide for the issuance of uncertificated shares of Company stock. Prior to such amendment, the Bylaws did not provide for uncertificated shares.  Being able to issue uncertificated shares will permit the Company to participate in the Direct Registration System, which is currently administered by the Depository Trust Company. The Direct Registration System allows investors to have securities registered in their names without the issuance of physical stock certificates, and allows investors to electronically transfer securities to broker-dealers in order to effect transactions without the risks and delays associated with transferring physical certificates. The amendment to the Company’s Bylaws also provides that each registered shareholder of the Company shall be entitled to a physical stock certificate upon request.
 
The full text of the Bylaws, as amended and restated, is filed as Exhibit 3.1 to this Current Report, and amended Article V thereof is incorporated herein by reference.
 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
 
(d)    Exhibits
 
3.1
Bylaws of Wilshire Bancorp, Inc., as amended and restated

 
 
 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
WILSHIRE BANCORP, INC.
   
 
 
 
    
Date: November 28, 2007
By:
    
   
Elaine S. Jeon, Interim Chief Financial Officer

 

   
EXHIBIT INDEX
   
Exhibit
No.
Description
    
3.1
Bylaws of Wilshire Bancorp, Inc., as amended and restated