Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 19904 — Restrictions on Certain Transactions
Cal. Bus. & Prof. Code § 19904
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2024-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Bus. & Prof. Code § 19904 — Restrictions on Certain Transactions is in force in the current edition of the Code, and nothing recorded condemns it.
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.