Cal. Business and Professions Code § 23101

California · California Business and Professions Code · Status: effective

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Citation: Cal. Business and Professions Code § 23101, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/780467
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Any bank, trust company, or financial institution owning or possessing alcoholic beverages or warehouse receipts therefor as security for an obligation or as a result of enforcement of a security interest may, after permission has been given by the department, sell the alcoholic beverages or warehouse receipts to a licensee authorized to sell for resale such alcoholic beverages or such warehouse receipts.