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.
Cal. Bus. & Prof. Code § 23778
In General
Known as the Alcoholic Beverage Control Act
The act spans §§ 23000–25762 (737 sections).
Applied in 1 court decision — leading case 149 Cal. App. 2d 702 - George v. Department of Alcoholic Beverage Control (1957)
Most recently applied in 149 Cal. App. 2d 702 - George v. Department of Alcoholic Beverage Control (April 1957)
Amended by Stats. 1955, Ch. 447.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.