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
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3.1
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Bylaws
of Wilshire Bancorp, Inc., as amended and
restated
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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.
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WILSHIRE
BANCORP, INC.
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Date:
November 28, 2007
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By:
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Elaine
S. Jeon, Interim Chief Financial
Officer
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EXHIBIT
INDEX
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Exhibit
No.
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Description
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3.1
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Bylaws
of Wilshire Bancorp, Inc., as amended and restated
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