Cal. Code Regs. tit. 18 § 4503

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 4503 - Issuance of License - Transfer of Business

Notwithstanding the provisions of Regulation 4502 and if all other statutory requirements are met, a new license will be issued for a business with a license subject to a civil or criminal citation, if the applicant acquired the business pursuant to an arm's length transaction after the violations contained in the citation were committed.

Cal. Code Regs. Tit. 18, § 4503

1. New section filed 3-22-2007; operative 4-21-2007 (Register 2007, No. 12).

Note: Authority cited: Section 22971.2, Business and Professions Code. Reference: Sections 22973.1, 22977.2 and 22979, Business and Professions Code.

1. New section filed 3-22-2007; operative 4-21-2007 (Register 2007, No. 12).