Section 28601.

Cal. Corporations Code - CORP § 28601.
in effect
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No licensee shall merge with any other company unless either of the following apply: (a) If the licensee is to be the surviving company, the merger is first approved by the commissioner. (b) If the licensee is to be a disappearing company, the surviving company is a licensee and the merger is first approved by the commissioner.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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