{"code":"FIN","codeName":"Financial Code","section":"31600","citation":"Fin. Code, § 31600","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 9. Merger and Purchase or Sale of Business [31600. - 31605.]","url":"https://blackletter.si/financial-code/division-15/chapter-9"}],"history":"Added by Stats. 1977, Ch. 1164.","effective":null,"html":"<p>In this chapter:</p><p>(a) “Acquiring licensee” means:</p><p>(1) In the case of a merger, the licensee which is the surviving corporation; </p><p>(2) In the case of a purchase or sale, the licensee which is the purchaser.</p><p>(b) “Disappearing corporation” has the meaning set forth in Section <a href=\"/corp/165\">165</a> of the Corporations Code.</p><p>(c) “Surviving corporation” has the meaning set forth in Section <a href=\"/corp/190\">190</a> of the Corporations Code.</p>","text":"In this chapter: (a) “Acquiring licensee” means: (1) In the case of a merger, the licensee which is the surviving corporation; (2) In the case of a purchase or sale, the licensee which is the purchaser. (b) “Disappearing corporation” has the meaning set forth in Section 165 of the Corporations Code. (c) “Surviving corporation” has the meaning set forth in Section 190 of the Corporations Code.","otherVersions":[],"url":"https://blackletter.si/financial-code/merger-and-purchase-or-sale-of-business-31600","source":"California Legislative Information bulk export (pubinfo)"}