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California · Through 2026-09-13

FIN § 4860

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]
  3. CHAPTER 3. Sale [4840. - 4879.17.]
  4. ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank [4845. - 4862.]

No action on account of any debt or liability assumed by a purchaser in a sale may be commenced against the seller more than one year after the time when the sale becomes effective.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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