{"data":{"id":"us-ca/fin-4860","jurisdiction":"us-ca","citation":"FIN § 4860","heading":"","body":"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.","path":["Financial Code - FIN","DIVISION 1.6. DEPOSITORY CORPORATIONS—SALE, MERGER, AND CONVERSION [4800. - 4966.]","CHAPTER 3. Sale [4840. - 4879.17.]","ARTICLE 2. Sale of Whole Business Unit to California State Depository Corporation or California State-Licensed Foreign (Other Nation) Bank [4845. - 4862.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"0e5f3e4fa9115bf2b5a6bcc46eabdf558b0b116f9925527c6db2a8b4cec98190","source_id":"us-ca","stale":false,"prev":"us-ca/fin-4859","next":"us-ca/fin-4861"},"notice":"GroundRules: Original legal text. Not legal advice."}