DIVISION 6. BULK SALES [6101. - 6111.]

Division 6 repealed and added by Stats. 1990, Ch. 1191, Sec. 3.

§§ 6101–6111 · 11 sections

• § 6101 This division shall be known and may be cited as Uniform Commercial Code—Bulk Sales.
• § 6102 (a) In this division, unless the context otherwise requires: (1) “Assets” means the inventory and equipment that is the subject of a bulk sale and any tangible…
• § 6103 (a) Except as otherwise provided in subdivision (c), this division applies to a bulk sale if both of the following are satisfied: (1) The seller’s principal…
• § 6104 In a bulk sale as defined in subparagraph (ii) of paragraph (3) of subdivision (a) of Section 6102 the buyer shall do each of the following: (a) Obtain from…
• § 6105 (a) A notice that is governed by this section shall comply with each of the following: (1) State that a bulk sale is about to be made. (2) State the name and…
• § 6106.2 (a) This section applies only to a bulk sale where the consideration is two million dollars ($2,000,000) or less and is substantially all cash or an obligation…
• § 6106.4 In any case where the notice of a bulk sale subject to Section 6106.2 states that claims may be filed with an escrow agent, the intended buyer shall deposit…
• § 6107 (a) Except as provided in subdivision (c), and subject to the limitation in subdivision (d), a buyer who fails to comply with the requirements of Section 6104…
• § 6108 (a) Sections 6104, 6105, and 6107 apply to a bulk sale by auction and a bulk sale conducted by a liquidator on the seller’s behalf with the following…
• § 6110 (a) Except as provided in subdivision (b), an action under this division against a buyer, auctioneer, or liquidator shall be commenced within one year after…
• § 6111 (a) Except to the extent provided in subdivision (b), this division shall apply to a bulk sale if the date of the bulk sale is on or after January 1, 1991. (b)…