California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION |
Chapter 3. Sale |
ARTICLE 5. Other Sales of Partial Business Units |
Section 4879.03.
Latest version.
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A seller and purchaser shall make an agreement of sale, providing:
(a) That the seller shall sell to the purchaser, and the purchaser shall purchase from the seller, a partial business unit, describing it.
(b) Other provisions as may be appropriate.
(Added by Stats. 1995, Ch. 480, Sec. 155. Effective October 2, 1995.)