California § 4879.07 - In obtaining any approval of outstanding shares required for an agreement of sale
Full text of California Public Contract Code - PCC § 4879.07 — In obtaining any approval of outstanding shares required for an agreement of sale, with citation guidance and answers to common questions.
§ 4879.07. In obtaining any approval of outstanding shares required for an agreement of sale
In obtaining any approval of outstanding shares required for an agreement of sale, a purchaser or seller that is a California state depository corporation and, in any case where the purchaser is a California state depository corporation that is to issue securities in consideration of the sale, the seller shall each provide to its shareholders information as the commissioner may require. In determining the information to be required, the commissioner shall give due consideration to regulations relating to proxy statements issued under Section 14 of the Securities Exchange Act of 1934 (15 U.S.C. Sec. 78n) by (a) the Securities and Exchange Commission, (b) in the case of a depository corporation that is a bank, the federal bank regulatory agencies, and (c) in the case of a depository corporation that is a savings association, the Office of Thrift Supervision.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 4879.07
What does Public Contract Code - PCC § 4879.07 cover?
Section 4879.07 ("In obtaining any approval of outstanding shares required for an agreement of sale") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 4879.07?
A common citation format is "Public Contract Code - PCC § 4879.07" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 4879.07 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.