California Statutes
§ 24079. — 24079. (Amended by Stats. 2022, Ch. 296, Sec. 5.)
California·Code BPC Business and Professions Code - BPC·Div. 9. DIVISION 9. ALCOHOLIC BEVERAGES·Ch. 6. CHAPTER 6. Issuance and Transfer of Licenses·Art. 5. ARTICLE 5. Transfer of Licenses
(a)An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section 23320 for a period of two years following the original issuance of that license.
(b)On and after the two-year period following the original issuance of an on-sale general license or off-sale general license, there shall not be a restriction as to the purchase price or consideration paid by a transferee or received by a transferor for an on-sale general license or off-sale general license.
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California § 24079. (24079. (Amended by Stats. 2022, Ch. 296, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2022, Ch. 296, Sec. 5. (AB 2971) Effective January 1, 2023.