California Statutes
§ 19904. — 19904. (Amended by Stats. 2023, Ch. 302, Sec. 6.)
California·Code BPC Business and Professions Code - BPC·Div. 8. DIVISION 8. SPECIAL BUSINESS REGULATIONS·Ch. 5. CHAPTER 5. The Gambling Control Act·Art. 7. ARTICLE 7. Restrictions on Certain Transactions
The purported sale, assignment, transfer, pledge, or other disposition of any security issued by a corporation, membership interest of a limited liability company, or ownership interest of a partnership or sole proprietor that holds a gambling license, or the grant of an option to purchase that interest or security, is void unless approved in advance by the commission.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 19904. (19904. (Amended by Stats. 2023, Ch. 302, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2023, Ch. 302, Sec. 6. (AB 1271) Effective January 1, 2024.