GroundRules
BPC § 7503.9
Where this section sits in the code
- Business and Professions Code - BPC
- DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY [5000. - 9998.12.]
- CHAPTER 11. Repossessors [7500. - 7511.5.]
- ARTICLE 4. Licenses [7503. - 7503.14.]
(a) Except as provided in this section, a repossession agency license issued under this chapter is not assignable.
(b) A repossession agency may apply to the chief for consent and, upon receipt of the consent and payment of the processing fee authorized by Section 7511, may assign a license to another business entity as long as the direct and indirect owners of the assignor own all of the assignee immediately after the assignment.
Collected 2026-09-14T05:56:33Z. Source file · JSON