Corporations Code section 28603

No licensee shall sell all or substantially all of its business to any other person unless the other person is a licensee and the sale is first approved by the commissioner.

Source: Section 28603, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=28603. (updated Jan. 1, 1999; accessed Oct. 12, 2026).

28600
28601
28602
28603
28604

Up to date

Verified:
Oct. 12, 2026

§ 28603's source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_28603

Original Source: Section 28603, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=28603. (last accessed May 12, 2025).