Section 24074.2

Bus. & Prof. Code § 24074.2, under Transfer of Licenses.

Bus. & Prof. Code § 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.)