Financial Code section 31602

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.

Source: Section 31602, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=31602. (updated Jan. 1, 1997; accessed Sep. 8, 2025).

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Verified:
Sep. 8, 2025

§ 31602's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_31602

Original Source: Section 31602, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=31602. (last accessed May 12, 2025).