The person, company, or corporation whose franchise is sold, as in this Article provided, in all other respects retains the same powers, is bound to the discharge of the same duties, and is liable to the same penalties and forfeitures, as before such sale. SOURCE: CCP § 724d.
Corporation to Retain Powers after Sale
7 GCA § 23304 — under Execution of Judgments In Civil Actions.
7 GCA § 23304