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Earlier editions: 2020-112018-11

DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION 4800-4966›CHAPTER 3. Sale 4840-4879.17›ARTICLE 5. Other Sales of Partial Business Units 4879.01-4879.17

§ 4879.03

California Financial Code · 2026 edition · updated 2026-10-04 · California

A seller and purchaser shall make an agreement of sale, providing:

(a) That the seller shall sell to the purchaser, and the purchaser shall purchase from the seller, a partial business unit, describing it.

(b) Other provisions as may be appropriate.

(Added by Stats. 1995, Ch. 480, Sec. 155. Effective October 2, 1995.)

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