California Corporations Code

§ 14700

CORP § 14700 Effective Jan 1, 2024Div. 3 · Title 1 · Part 14

Statute text

(a)No person shall acquire, directly or indirectly, any voting securities or assets of a retail grocery firm or retail drug firm unless both parties give, or in the case of a tender offer, the acquiring party gives, written notice to the Attorney General in accordance with this part.

(b)For purposes of this part, the following definitions apply:

(1)“Acquiring party” means a person by whom or on whose behalf the merger or other acquisition of control is to be effected and is either of the following:

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Legislative history

Added by Stats. 2023, Ch. 457, Sec. 2. (AB 853) Effective January 1, 2024.