Statute · California Financial Code
Cal. Fin. Code § 31603 — Merger and Purchase or Sale of Business
Cal. Fin. Code § 31603
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No licensee shall sell all or substantially all of its business to any other person unless such other person is a licensee and such sale shall have first been approved by the commissioner.
Citator
Cal. Fin. Code § 31603 — 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 such other person is a licensee and such sale shall have first been approved by the commissioner.