California Court of Appeal
SCHNYDER v. STATE BD. OF EQUALIZATION, C038101
Buyers of a business can be held personally liable under Revenue and Taxation Code section 6812 for failing to withhold purchase funds from the bulk sale of a business's inventory and equipment.
Appellate Information
- Decided 08/23/2002
- Published 08/23/2002
Judges
- DAVIS, J.
Court
- California Court of Appeal
Counsel
- For Appellant:
- Clark & Nelson and David R. Nelson, Colusa, for Plaintiffs and Appellants.
- For Appellees:
- Bill Lockyer, Attorney General, Timothy G. Laddish, Senior Assistant Attorney General, Lawrence K. Keethe and Molly K. Mosley, Deputy Attorneys General, for Defendant and Respondent.