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DIVISION 8. SPECIAL BUSINESS REGULATIONS 18400-22948.25›CHAPTER 5. The Gambling Control Act 19800-19987›ARTICLE 7. Restrictions on Certain Transactions 19900-19906

§ 19904

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

The purported sale, assignment, transfer, pledge, or other disposition of any security issued by a corporation that holds a gambling license, or the grant of an option to purchase that security, is void unless approved in advance by the commission.

(Added by renumbering Section 19904A by Stats. 2002, Ch. 738, Sec. 77. Effective January 1, 2003.)

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California Business and Professions Code

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