DIVISION 9. ALCOHOLIC BEVERAGES 23000-25762›CHAPTER 5. Restrictions on Issuance of Licenses 23770-23827›ARTICLE 1. In General 23770-23794
§ 23778
California Business and Professions Code · 2020-11 edition · updated 2026-10-04 · California
A distilled spirits wholesaler’s license shall not be held by any person unless at all times throughout the license year he has on his wholesale premises a reasonable stock of distilled spirits, as determined by the department, for which he has fully paid lawful money or its equivalent.
(Amended by Stats. 1955, Ch. 447.)
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