Cal. FIN § 31603
This is the official text of Cal. FIN § 31603, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
No licensee shall sell all or substantially all of its business to any other person unless such other person is a licensee and such sale shall have first been approved by the commissioner.
Status: in_force · Read it on the official government site
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