Statute · California Financial Code

Cal. Fin. Code § 31602 — Merger and Purchase or Sale of Business

Cal. Fin. Code § 31602

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

No licensee shall purchase all or substantially all of the business of any other person unless such purchase shall have first been approved by the commissioner.

Citator

Cal. Fin. Code § 31602 — 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 purchase all or substantially all of the business of any other person unless such purchase shall have first been approved by the commissioner.