Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 24079 — Transfer of Licenses

Cal. Bus. & Prof. Code § 24079

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
2023-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section 23320 for a period of two years…

Citator

Cal. Bus. & Prof. Code § 24079 — Transfer of Licenses is in force in the current edition of the Code, and nothing recorded condemns it.

(a) An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section 23320 for a period of two years following the original issuance of that license.

(b) On and after the two-year period following the original issuance of an on-sale general license or off-sale general license, there shall not be a restriction as to the purchase price or consideration paid by a transferee or received by a transferor for an on-sale general license or off-sale general license.