Bulk Sale Transfer
Businesses subject to this law are those whose principal activity is the sale of merchandise, including those that manufacture what they sell. Expressly included are the businesses of a baker, restaurant owner, garage owner, or cleaner and dyer. Unless otherwise limited by law, all bulk transfers of goods within California are subject to this law.
- That a bulk transfer is about to be made;
- The name and business address of the transferor and, except in the case of a sale at auction, the transferee, and all other business names and addresses used by the transferor within the past three years so far as is known to the transferee;
- The location and general description of the property to be transferred; and
- The place and the date on or after which the bulk transfer is to be consummated.
NOTE: If the Notice of Bulk Transfer is delivered during the period from January 1 to May 7, inclusive, the notice shall be accompanied by a completed business property statement with respect to property involved in the bulk sale, pursuant to Revenue and Taxation Code section 441 (Cal. U. Com. Code §6105(3)).