Cal. Fin. Code § 4857

Current through the 2023 Legislative Session.

Section 4857 - Approval of agreement of sale by commissioner

After an application for approval of a sale has been approved and all conditions precedent to the sale have been fulfilled, the commissioner shall approve the agreement of sale and endorse the approval on the original or a copy of the agreement of sale, and at that time the sale shall become effective for all purposes.

Ca. Fin. Code § 4857

Amended by Stats. 1996, Ch. 1064, Sec. 493.1. Effective January 1, 1997. Operative July 1, 1997.