§ 28602

Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.

No licensee shall purchase all or substantially all of the business of any other person unless the purchase is first approved by the commissioner.

Other sections in Chapter 9 - Merger and Purchase or Sale of Business

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