statute | California
Business and Professions Code - BPC - BPC § 7530
Summary
(a) Except as provided in this section, a license issued under this chapter is not assignable. (b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business
Text
(a) Except as provided in this section, a license issued under this chapter is not assignable. (b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business entity as long as the direct and indirect owners of the assignor own all of the assignee immediately after the assignment.
Retrieval chunks
-
#1 | Business and Professions Code - BPC - BPC § 7530
(a) Except as provided in this section, a license issued under this chapter is not assignable. (b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business entity as long as the direct and in…