Cal. Business and Professions Code § 7530
Cal. Business and Professions Code § 7530
California · California Business and Professions Code · Status: effective · Effective 2018-01-01
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- Citation
- Cal. Business and Professions Code § 7530, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/775493
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(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.