Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 19858.5 — Licensing
Cal. Bus. & Prof. Code § 19858.5
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2007-10-05
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding Section 19858, the commission may, pursuant to this chapter, deem an applicant or licensee suitable to hold a state gambling license even if the applicant or licensee has a financial interest in another business that conducts lawful gambling outside the state that, if conducted…
Citator
Cal. Bus. & Prof. Code § 19858.5 — Licensing is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding Section 19858, the commission may, pursuant to this chapter, deem an applicant or licensee suitable to hold a state gambling license even if the applicant or licensee has a financial interest in another business that conducts lawful gambling outside the state that, if conducted within California, would be unlawful, provided that an applicant or licensee may not own, either directly or indirectly, more than a 1 percent interest in, or have control of, that business.