California Statutes
§ 28601. — 28601. (Added by Stats. 1998, Ch. 668, Sec. 3.)
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
No licensee shall merge with any other company unless either of the following apply:
(a)If the licensee is to be the surviving company, the merger is first approved by the commissioner.
(b)If the licensee is to be a disappearing company, the surviving company is a licensee and the merger is first approved by the commissioner.
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California § 28601. (28601. (Added by Stats. 1998, Ch. 668, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.