California Commercial Code DIVISION 6 - BULK SALES
- Section 6101.
This division shall be known and may be cited as Uniform Commercial Code—Bulk Sales.(Repealed and added by Stats. 1990, Ch. 1191, Sec. 3.)
- Section 6102.
(a) In this division, unless the context otherwise requires:(1) “Assets” means the inventory and equipment that is the subject of a bulk sale and any tangible and...
- Section 6103.
(a) Except as otherwise provided in subdivision (c), this division applies to a bulk sale if both of the following are satisfied:(1) The seller’s principal business is...
- Section 6104.
In a bulk sale as defined in subparagraph (ii) of paragraph (3) of subdivision (a) of Section 6102 the buyer shall do each of the...
- Section 6105.
(a) A notice that is governed by this section shall comply with each of the following:(1) State that a bulk sale is about to be made.(2) State the...
- Section 6106.2.
(a) This section applies only to a bulk sale where the consideration is two million dollars ($2,000,000) or less and is substantially all cash or an...
- Section 6106.4.
In any case where the notice of a bulk sale subject to Section 6106.2 states that claims may be filed with an escrow agent, the...
- Section 6107.
(a) Except as provided in subdivision (c), and subject to the limitation in subdivision (d), a buyer who fails to comply with the requirements of Section...
- Section 6108.
(a) Sections 6104, 6105, and 6107 apply to a bulk sale by auction and a bulk sale conducted by a liquidator on the seller’s behalf with...
- Section 6110.
(a) Except as provided in subdivision (b), an action under this division against a buyer, auctioneer, or liquidator shall be commenced within one year after the...
- Section 6111.
(a) Except to the extent provided in subdivision (b), this division shall apply to a bulk sale if the date of the bulk sale is on...
Last modified: October 22, 2018