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2025 California Code
Business and Professions Code - BPC
DIVISION 9 - ALCOHOLIC BEVERAGES
CHAPTER 6 - Issuance and Transfer of Licenses
ARTICLE 5 - Transfer of Licenses
Section 24074.2.
Universal Citation:
CA Bus & Prof Code § 24074.2 (2025)
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24074.2. Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.
(Added by Stats. 1967, Ch. 1494.)
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