GroundRules
BPC § 19904
Where this section sits in the code
- Business and Professions Code - BPC
- DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400. - 22949.92.2.]
- CHAPTER 5. The Gambling Control Act [19800. - 19987.]
- ARTICLE 7. Restrictions on Certain Transactions [19900. - 19906.]
The purported sale, assignment, transfer, pledge, or other disposition of any security issued by a corporation, membership interest of a limited liability company, or ownership interest of a partnership or sole proprietor that holds a gambling license, or the grant of an option to purchase that interest or security, is void unless approved in advance by the commission.
Collected 2026-09-14T05:56:33Z. Source file · JSON