Corporations Code - CORP - CORP § 28601

Summary

No licensee shall merge with any other company unless either of the following apply: (a) If the licensee is to be the surviving company, the merger is first approved by the commissioner. (b) If the licensee is to be a disappearing company, the surviving company is a licensee and

Text

No licensee shall merge with any other company unless either of the following apply:
(a)
If the licensee is to be the surviving company, the merger is first approved by the commissioner.
(b)
If the licensee is to be a disappearing company, the surviving company is a licensee and the merger is first approved by the commissioner.

Retrieval chunks

• #1 | Corporations Code - CORP - CORP § 28601

  No licensee shall merge with any other company unless either of the following apply: (a) If the licensee is to be the surviving company, the merger is first approved by the commissioner. (b) If the licensee is to be a disappearing company, the surviving company is a licensee and the merger is first approved by the…