Earlier editions: 2020-112018-11
DIVISION 9. ALCOHOLIC BEVERAGES 23000-25762›CHAPTER 6. Issuance and Transfer of Licenses 23950-24082›ARTICLE 5. Transfer of Licenses 24070-24082
§ 24079
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
(a) An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section 23320 for a period of two years following the original issuance of that license.
(b) On and after the two-year period following the original issuance of an on-sale general license or off-sale general license, there shall not be a restriction as to the purchase price or consideration paid by a transferee or received by a transferor for an on-sale general license or off-sale general license.
(Amended by Stats. 2022, Ch. 296, Sec. 5. (AB 2971) Effective January 1, 2023.)
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