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DIVISION 9. ALCOHOLIC BEVERAGES 23000-25762›CHAPTER 3. Licenses and Fees 23300-23508›ARTICLE 3. Rights and Obligations of Licensees 23355-23405.4

§ 23405.3

California Business and Professions Code · 2020-11 edition · updated 2026-10-04 · California

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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California Business and Professions Code

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