{"data":{"id":"us-ca/bpc-7503.9","jurisdiction":"us-ca","citation":"BPC § 7503.9","heading":"","body":"(a) Except as provided in this section, a repossession agency license issued under this chapter is not assignable.\n(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.","path":["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.]"],"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":"acd53631830dd8c41687f6ee7fea086d2af935c4b22cacf6f8de76e37b776d28","source_id":"us-ca","stale":false,"prev":"us-ca/bpc-7503.8","next":"us-ca/bpc-7503.10"},"notice":"GroundRules: Original legal text. Not legal advice."}