Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 24074.2 — Transfer of Licenses
Cal. Bus. & Prof. Code § 24074.2
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.
Citator
Cal. Bus. & Prof. Code § 24074.2 — Transfer of Licenses is in force in the current edition of the Code, and nothing recorded condemns it.
Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.