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California Commercial Code

§ 6108

COM § 6108Div. 6
(a)Sections 6104, 6105, and 6107 apply to a bulk sale by auction and a bulk sale conducted by a liquidator on the seller’s behalf with the following modifications:
(1)“Buyer” refers to auctioneer or liquidator, as the case may be.
(2)“Net contract price” refers to net proceeds of the auction or net proceeds of the sale, as the case may be.

Legislative history

Repealed and added by Stats. 1990, Ch. 1191, Sec. 3.

Source: California Commercial Code § 6108 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.