No limited partnership is eligible to receive a license to own a gambling enterprise unless the conduct of gambling is among the purposes stated in the certificate of limited partnership.
Cal. Bus. & Prof. Code § 19891
Licensing of Partnerships and Limited Liability Companies
Known as the Gambling Control Act
The act spans §§ 19800 to 19987 (134 sections).
Added by renumbering Section 19881 by Stats. 2002, Ch. 738, Sec. 70
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.