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2016 California Code
Business and Professions Code - BPC
DIVISION 9 - ALCOHOLIC BEVERAGES
CHAPTER 3 - Licenses and Fees
ARTICLE 3 - Rights and Obligations of Licensees
Section 23405.3.
Universal Citation:
CA Bus & Prof Code ยง 23405.3 (2016)
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23405.3. 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.
(Added by Stats. 2008, Ch. 508, Sec. 5. Effective January 1, 2009.)
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