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Cal. Bus. & Prof. Code § 24080

Transfer of Licenses

Known as the Alcoholic Beverage Control Act

The act spans §§ 23000–25762 (737 sections).

Added by Stats. 1963, Ch. 1689.

Every application filed by the intended transferee with the department for the transfer of an onsale or offsale general license shall indicate whether the consideration, if any, to be paid to the transferor includes payment for any or all of the following:

(a) Inventory.

(b) Fixtures.

(c) Transfer of the license.

The actual amount of the consideration, if any, to be paid for items (a), (b) and (c) is to be indicated in the application.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.