Section 24079 - Restriction on purchase price or consideration(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.Ca. Bus. and Prof. Code § 24079
Amended by Stats 2022 ch 296 (AB 2971),s 5, eff. 1/1/2023.Added by Stats 2012 ch 327 (SB 937),s 13, eff. 1/1/2013.