Section 7530

Bus. & Prof. Code § 7530 — under California Bus. & Prof. Code.

Bus. & Prof. Code § 7530

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

(b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, 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.