Statute · California Financial Code

Cal. Fin. Code § 31600 — Merger and Purchase or Sale of Business

Cal. Fin. Code § 31600

Type: Statute
Source: California Financial Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

In this chapter:

Citator

Cal. Fin. Code § 31600 — Merger and Purchase or Sale of Business is in force in the current edition of the Code, and nothing recorded condemns it.

In this chapter:

(a) “Acquiring licensee” means:

(1) In the case of a merger, the licensee which is the surviving corporation;

(2) In the case of a purchase or sale, the licensee which is the purchaser.

(b) “Disappearing corporation” has the meaning set forth in Section 165 of the Corporations Code.

(c) “Surviving corporation” has the meaning set forth in Section 190 of the Corporations Code.