§ 4857
56 words·~1 min read·
/ca/financial-code/4857A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After an application for approval of a sale has been approved and all conditions precedent to the sale have been fulfilled, the commissioner shall approve the agreement of sale and endorse the approval on the original or a copy of the agreement of sale, and at that time the sale shall become effective for all purposes.