§ 38561
61 words·~1 min read·
/ca/revenue-and-taxation-code/38561A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any person liable for any amount under this part sells out his or her business or quits the business, the person’s successors or assigns shall withhold sufficient of the purchase price to cover the amount until the former owner produces a receipt from the board showing that it has been paid or a certificate stating that no amount is due.