Binding of CaM to CAMK2 displaces the autoinhibitory loop from the active site and allows CAMK2 to autophosphorylate T286, resulting in CAMK2 activation (reveiwed in Stratton et al, 2013).
Schulman, H, Stratton, MM, Kuriyan, J, Chao, LH
protein serine/threonine kinase activity of CAMK2:CaM [cytosol]
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