Financial Code section 31601


No licensee shall merge with any other corporation unless:

(a)

In case such licensee is the surviving corporation, such merger shall have first been approved by the commissioner;

(b)

In case such licensee is a disappearing corporation, the surviving corporation is a licensee and such merger shall have first been approved by the commissioner.
Last Updated

Apr. 24, 2025

§ 31601’s source at ca​.gov