California § 23405.3. 23405.3. (Added by Stats. 2008, Ch. 508, Sec. 5.)

California Statutes

§ 23405.3. — 23405.3. (Added by Stats. 2008, Ch. 508, Sec. 5.)

California § 23405.3.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 9.DIVISION 9. ALCOHOLIC BEVERAGES

Ch. 3.CHAPTER 3. Licenses and Fees

Art. 3.ARTICLE 3. Rights and Obligations of Licensees

This text of California § 23405.3. (23405.3. (Added by Stats. 2008, Ch. 508, Sec. 5.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 23405.3. (2026).

Text

If a corporation, limited partnership, or limited liability company holds, directly or indirectly, 10 percent or more of the ownership of a license issued under this division, the licensee shall report any change in the ownership, management, or control of that corporation, limited partnership, or limited liability company, in the same manner as would be required by Sections 23405, 23405.1, and 23405.2, if the corporation, limited partnership, or limited liability company were itself the licensee.

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If a corporation, limited partnership, or limited liability company holds, directly or indirectly, 10 percent or more of the ownership of a license issued under this division, the licensee shall report any change in the ownership, management, or control of that corporation, limited partnership, or limited liability company, in the same manner as would be required by Sections 23405, 23405.1, and 23405.2, if the corporation, limited partnership, or limited liability company were itself the licensee.