§ 28600. — 28600. (Added by Stats. 1998, Ch. 668, Sec. 3.)

California § 28600.

• Jurisdiction: California
• Code CORP: Corporations Code - CORP
• Div.: 3.
• Title 4.: DIVISION 3. CAPITAL ACCESS COMPANIES
• Ch. 9.: CHAPTER 9. Merger and Purchase or Sale of Business

Text

For purposes of this chapter:
(a)
“Acquiring licensee” means either of the following:
(1)
In the case of a merger, the licensee that is the surviving company.
(2)
In the case of a purchase or sale, the licensee that is the purchaser.
(b)
“Disappearing company” has the meaning set forth in Section 165.
(c)
“Surviving company” has the meaning set forth in Section 190.

Legislative History

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