California § 7503.9. 7503.9. (Amended by Stats. 1995, Ch. 505, Sec. 9.)

California Statutes

§ 7503.9. — 7503.9. (Amended by Stats. 1995, Ch. 505, Sec. 9.)

California § 7503.9.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 3.DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY

Ch. 11.CHAPTER 11. Repossessors

Art. 4.ARTICLE 4. Licenses

This text of California § 7503.9. (7503.9. (Amended by Stats. 1995, Ch. 505, Sec. 9.)) 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 § 7503.9. (2026).

Text

(a)Except as provided in this section, a repossession agency license issued under this chapter is not assignable.

(b)A repossession agency may apply to the chief for consent and, upon receipt of the consent and payment of the processing fee authorized by Section 7511, 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.

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(a)
Except as provided in this section, a repossession agency license issued under this chapter is not assignable.
(b)
A repossession agency may apply to the chief for consent and, upon receipt of the consent and payment of the processing fee authorized by Section 7511, 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.