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.