Statute · California Corporations Code
Cal. Corp. Code § 28603 — Merger and Purchase or Sale of Business
Cal. Corp. Code § 28603
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No licensee shall sell all or substantially all of its business to any other person unless the other person is a licensee and the sale is first approved by the commissioner.
Citator
Cal. Corp. Code § 28603 — Merger and Purchase or Sale of Business is in force in the current edition of the Code, and nothing recorded condemns it.
No licensee shall sell all or substantially all of its business to any other person unless the other person is a licensee and the sale is first approved by the commissioner.