California Commercial Code

§ 6102

COM § 6102 Effective Jan 1, 2000Div. 6

Statute text

(a)In this division, unless the context otherwise requires:

(1)“Assets” means the inventory and equipment that is the subject of a bulk sale and any tangible and intangible personal property used or held for use primarily in, or arising from, the seller’s business and sold in connection with that inventory and equipment, but the term does not include any of the following:

(i)Fixtures (paragraph (41) of subdivision (a) of Section 9102) other than readily removable factory and office machines.

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Legislative history

Amended by Stats. 1999, Ch. 991, Sec. 30. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991.