Cal. Fin. Code § 31602

Current through the 2023 Legislative Session.

Section 31602 - Approval of purchase of business required

No licensee shall purchase all or substantially all of the business of any other person unless such purchase shall have first been approved by the commissioner.

Ca. Fin. Code § 31602

Amended by Stats. 1996, Ch. 1064, Sec. 674. Effective January 1, 1997. Operative July 1, 1997.