ARTICLE 7. Payment on Termination of Business and Successor’s Liability [6811. - 6815.]

Article 7 added by Stats. 1941, Ch. 36.

§§ 6811–6815 · 5 sections

• § 6811 If any person liable for any amount under this part sells out his business or stock of goods or quits the business, his successors or assigns shall withhold…
• § 6812 (a) If the purchaser of a business or stock of goods fails to withhold from the purchase price as required, he or she becomes personally liable for the payment…
• § 6813 The certificate may be issued after the payment of all amounts due under this part, according to the records of the board as of the date of the certificate, or…
• § 6814 (a) The obligation of the successor shall be enforced by serving a notice of successor liability on the person. The notice shall be served in the manner…
• § 6815 If at the time a business is discontinued the board holds security pursuant to Section 6701 in the form of cash, government bonds, or insured deposits in banks…