{"code":"FIN","codeName":"Financial Code","section":"31550","citation":"Fin. Code, § 31550","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","url":"https://blackletter.si/financial-code/division-15"},{"name":"CHAPTER 8. Acquisition of Control [31550. - 31552.]","url":"https://blackletter.si/financial-code/division-15/chapter-8"}],"history":"Amended by Stats. 1996, Ch. 1064, Sec. 669.   Effective January 1, 1997.   Operative July 1, 1997.","effective":"1997-01-01","html":"<p>No person shall, except with the prior approval of the commissioner, acquire control of a licensee.</p>","text":"No person shall, except with the prior approval of the commissioner, acquire control of a licensee.","otherVersions":[],"url":"https://blackletter.si/financial-code/acquisition-of-control-31550","source":"California Legislative Information bulk export (pubinfo)"}