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
§ 4879.15
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
No action on account of any debt or liability assumed by a purchaser in a sale may be commenced against the seller more than one year after the time when the sale becomes effective.
(Added by Stats. 1995, Ch. 480, Sec. 155. Effective October 2, 1995.)
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