Cal. Code Regs. tit. 17 § 30257

Current through Register 2024 Notice Reg. No. 24, June 14, 2024
Section 30257 - Bankruptcy Notification
(a) Each general licensee required to register pursuant to sections 30192.1(d)(1) or 30192.6(c)(1), and each specific licensee, shall notify the Department in writing immediately following the filing of a voluntary or involuntary petition for bankruptcy under any chapter of title 11 (Bankruptcy) of the United States Code (11 U.S.C.) by or against:
(1) The licensee;
(2) An entity (as that term is defined in 11 U.S.C. 101 (15)) controlling the licensee or listing the license or licensee as property of the estate; or
(3) An affiliate (as that term is defined in 11 U.S.C. 101 (2)) of the licensee.
(b) The notification to the Department shall indicate:
(1) The bankruptcy court in which the petition for bankruptcy was filed; and
(2) The date of the filing of the petition.

Cal. Code Regs. Tit. 17, § 30257

1. Renumbering of former section 30299 to section 30257 filed 3-3-94 as an emergency; operative 3-3-94 (Register 94, No. 9). A Certificate of Compliance must be transmitted to OAL by 7-1-94 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 3-3-94 order transmitted to OAL 6-7-94 and filed 7-14-94 (Register 94, No. 28).
3. Amendment of section and NOTE filed 6-8-2011; operative 7-8-2011 (Register 2011, No. 23).
4. Amendment of subsection (a)(2) filed 12-30-2014; operative 4-1-2015 (Register 2015, No. 1).
5. Amendment of subsection (a) filed 3-18-2019; operative 7-1-2019 (Register 2019, No. 12).

Note: Authority cited: Sections 114975, 115000 and 131200, Health and Safety Code. Reference: Sections 114965, 114970, 115060, 115175, 115205, 115230, 115235, 131050, 131051 and 131052, Health and Safety Code.

1. Renumbering of former section 30299 to section 30257 filed 3-3-94 as an emergency; operative 3-3-94 (Register 94, No. 9). A Certificate of Compliance must be transmitted to OAL by 7-1-94 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 3-3-94 order transmitted to OAL 6-7-94 and filed 7-14-94 (Register 94, No. 28).
3. Amendment of section and Note filed 6-8-2011; operative 7-8-2011 (Register 2011, No. 23).
4. Amendment of subsection (a)(2) filed 12-30-2014; operative 4-1-2015 (Register 2015, No. 1).
5. Amendment of subsection (a) filed 3-18-2019; operative 7/1/2019 (Register 2019, No. 12).