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Corp. Code, § 28600 · Chapter 9. Merger and Purchase or Sale of Business

Corp. Code, § 28600

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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.

Notes and commentary — not statutory text

History

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

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP&sectionNum=28600.
Text hash
sha256 036ef80e42e40f7dd9fb6e4666d5f379707ed5ac359885f1aa277f6445c95466
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

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