CHAPTER 8. Acquisition of Control [28550. - 28552.]

Chapter 8 added by Stats. 1998, Ch. 668, Sec. 3.

§§ 28550–28552 · 3 sections

• § 28550 No person shall, except with the prior written approval of the commissioner, acquire control of a licensee.
• § 28551 The commissioner shall approve an application for approval to acquire control of a licensee only if, after notice and a hearing, the commissioner finds all of…
• § 28552 (a) For purposes of Section 28551, the commissioner may find: (1) That an applicant or a director or officer of an applicant is not of good character if the…