Chapter 9.5. Cigarette and Tobacco Products Licensing Act of 2003›Article 2. Licenses — Issuance, Transfer and Denial
§ 4503. Issuance of License — Transfer of Business.
California Code of Regulations, Title 18 — Division 2. California Department of Tax and Fee Administration — Business Taxes · 2026 edition · updated 2026-10-05 · California
Notwithstanding the provisions of Regulation 4502 and if all other statutory requirements are met, a new license will be issued for a business with a license subject to a civil or criminal citation, if the applicant acquired the business pursuant to an arm's length transaction after the violations contained in the citation were committed.
Credits
Note: Authority cited: Section 22971.2, Business and Professions Code. Reference: Sections 22973.1, 22977.2 and 22979, Business and Professions Code.
History
- New section filed 3-22-2007; operative 4-21-2007 (Register 2007, No. 12).
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