California Financial Code Section 31602

CA Fin Code § 31602 (2017)  

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.)

Last modified: October 25, 2018