DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS 31000-31952›CHAPTER 9. Merger and Purchase or Sale of Business 31600-31605
§ 31602
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Amended by Stats. 1996, Ch. 1064, Sec. 674. Effective January 1, 1997. Operative July 1, 1997.)
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