Section 7530 - License not assignable(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.Ca. Bus. and Prof'l. Code § 7530
Amended by Stats 2017 ch 569 (SB 559),s 18, eff. 1/1/2018.Amended by Stats 2014 ch 669 (AB 1608),s 8, eff. 1/1/2015.