Statute · California Financial Code
Cal. Fin. Code § 4879.16 — Other Sales of Partial Business Units
Cal. Fin. Code § 4879.16
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1995-10-02
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Promptly after a sale becomes effective, the seller shall:
Citator
Cal. Fin. Code § 4879.16 — Other Sales of Partial Business Units is in force in the current edition of the Code, and nothing recorded condemns it.
Promptly after a sale becomes effective, the seller shall:
(a) Surrender to its regulator for cancellation the certificates of authority or licenses issued to it by the regulator that relate to the partial business unit sold.
(b) File with its regulator any report regarding the sale that the regulator may require.