California Codes > Financial Code > Division 1.6 > Chapter 3 > Article 4 – Certain Sales of Partial Business Units
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Terms Used In California Codes > Financial Code > Division 1.6 > Chapter 3 > Article 4 - Certain Sales of Partial Business Units
- Branch business unit: means all or substantially all of the business of a branch office of a depository corporation. See California Financial Code 4840
- Business unit: means a branch business unit, a partial business unit, or a whole business unit. See California Financial Code 4840
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Purchaser: means a depository corporation that purchases a business unit from another depository corporation pursuant to the provisions of this chapter. See California Financial Code 4840
- sale: means any of the sales described in Section 4877. See California Financial Code 4877.01
- Seller: means a depository corporation that sells a business unit to another depository corporation pursuant to the provisions of this chapter. See California Financial Code 4840