Fin. Code, § 31600 · Chapter 9. Merger and Purchase or Sale of Business
Fin. Code, § 31600
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In this chapter:
(a) “Acquiring licensee” means:
(1) In the case of a merger, the licensee which is the surviving corporation;
(2) In the case of a purchase or sale, the licensee which is the purchaser.
(b) “Disappearing corporation” has the meaning set forth in Section 165 of the Corporations Code.
(c) “Surviving corporation” has the meaning set forth in Section 190 of the Corporations Code.
Notes and commentary — not statutory text
History
Added by Stats. 1977, Ch. 1164.
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=FIN§ionNum=31600.
- Text hash
- sha256 6feaae9f26f53fa5dcdb4704ac12ff8f87aaec0b9db401cfbfbda6dc63430c81
- 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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