Any party that becomes a successor in interest by merger, purchase, assignment or any other means, of a Grantee, Collaborator or Exclusive Licensee with regard to a CIRM-Funded Invention, CIRM-Funded Technology or CIRM-Funded Research, assumes all obligations of the Grantee, Collaborator or Exclusive Licensee, as applicable, described in this Chapter.

Note: Authority cited: Article XXXV, California Constitution; and Section 125290.40(j), Health and Safety Code. Reference: Section 125290.30, Health and Safety Code.

History

1. New section filed 12-17-2009; operative 12-17-2009 pursuant to Government Code section 11343.4 (Register 2009, No. 51).