California Legal Codes and Statutes

§ 28603

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 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.

Cite this section

Cal. Corp. Code § 28603 (2026)
https://ca.codecond.com/codes/corp/title-4-securities/division-3-capital-access-companies/chapter-9-merger-and-purchase-or-sale-of-business/section-28603

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

§ 28600§ 28601§ 28602§ 28603§ 28604

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