Cal. Business and Professions Code § 19904

California · California Business and Professions Code · Status: effective · Effective 2024-01-01

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Citation: Cal. Business and Professions Code § 19904, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/779534
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The purported sale, assignment, transfer, pledge, or other disposition of any security issued by a corporation, membership interest of a limited liability company, or ownership interest of a partnership or sole proprietor that holds a gambling license, or the grant of an option to purchase that interest or security, is void unless approved in advance by the commission.