California Legal Codes and Statutes

§ 4879.15

Added by Stats. 1995, Ch. 480, Sec. 155. Effective October 2, 1995.

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.

Cite this section

Cal. Fin. Code § 4879.15 (2026)
https://ca.codecond.com/codes/fin/division-1-6-depository-corporations-sale-merger-and-conversion/chapter-3-sale/article-5-other-sales-of-partial-business-units/section-4879.15

Other sections in Article 5 - Other Sales of Partial Business Units

§ 4879.01§ 4879.02§ 4879.03§ 4879.04§ 4879.05§ 4879.06§ 4879.07§ 4879.08§ 4879.09§ 4879.10§ 4879.11§ 4879.12§ 4879.13§ 4879.14§ 4879.15§ 4879.16§ 4879.17

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