California Business and Professions Code 7530 – (a) Except as provided in this section, a license issued under …
Current as of: 2024 | Check for updates
|
Other versions
(a) Except as provided in this section, a license issued under this chapter is not assignable.
(b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business entity as long as the direct and indirect owners of the assignor own all of the assignee immediately after the assignment.
Terms Used In California Business and Professions Code 7530
- chief: means the Chief of the Bureau of Security and Investigative Services. See California Business and Professions Code 7512.5
- license: means license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Section 1000 or 3600. See California Business and Professions Code 23.7
- licensee: means a person licensed under this chapter. See California Business and Professions Code 7512.6
(Amended (as amended by Stats. 2014, Ch. 669, Sec. 8) by Stats. 2017, Ch. 569, Sec. 18. (SB 559) Effective January 1, 2018. See version added by Sec. 9 of Stats. 2014, Ch. 669.)