There is a newer version
of
this Section
2019 California Code
Corporations Code - CORP
TITLE 4 - SECURITIES
DIVISION 3 - CAPITAL ACCESS COMPANIES
CHAPTER 9 - Merger and Purchase or Sale of Business
Section 28603.
Universal Citation: CA Corp Code § 28603 (2019)
28603.
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.
(Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
