{"data":{"id":"us-ca/bpc-19904","jurisdiction":"us-ca","citation":"BPC § 19904","heading":"","body":"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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"415bae89da6de02ffaaeedab7dc8a2c84159d1401089fdd0a30cb01168c4984d","source_id":"us-ca","stale":false,"prev":"us-ca/bpc-19903","next":"us-ca/bpc-19905"},"notice":"GroundRules: Original legal text. Not legal advice."}