Section 1463 - Sale of certificate of approval holder1.Purchaser obligated. The purchaser of a certificate of approval holder is obligated to all of the terms and conditions of the agreement in effect on the date of purchase. [1987, c. 45, Pt. A, §4(NEW).]
2.Purchase defined. "Purchase," as defined for the purposes of this chapter, includes, but is not limited to: A. Sale of stock; [1987, c. 45, Pt. A, §4(NEW).]B. Sale of assets; [1987, c. 45, Pt. A, §4(NEW).]C. Merger; [1987, c. 45, Pt. A, §4(NEW).]D. Lease; [1987, c. 45, Pt. A, §4(NEW).]E. Transfer; or [1987, c. 45, Pt. A, §4(NEW).]F. Consolidation. [1987, c. 45, Pt. A, §4(NEW).] [1987, c. 45, Pt. A, §4(NEW).]