{"code":"BPC","codeName":"Business and Professions Code","section":"23101","citation":"Bus. & Prof. Code, § 23101","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. ALCOHOLIC BEVERAGES [23000. - 25762.]","url":"https://blackletter.si/business-and-professions-code/division-9"},{"name":"CHAPTER 2. Authorized Unlicensed Transactions and Exemptions [23100. - 23113.]","url":"https://blackletter.si/business-and-professions-code/division-9/chapter-2"}],"history":"Amended by Stats. 1965, Ch. 865.","effective":null,"html":"<p>Any bank, trust company, or financial institution owning or possessing alcoholic beverages or warehouse receipts therefor as security for an obligation or as a result of enforcement of a security interest may, after permission has been given by the department, sell the alcoholic beverages or warehouse receipts to a licensee authorized to sell for resale such alcoholic beverages or such warehouse receipts.</p>","text":"Any bank, trust company, or financial institution owning or possessing alcoholic beverages or warehouse receipts therefor as security for an obligation or as a result of enforcement of a security interest may, after permission has been given by the department, sell the alcoholic beverages or warehouse receipts to a licensee authorized to sell for resale such alcoholic beverages or such warehouse receipts.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/authorized-unlicensed-transactions-and-exemptions-23101","source":"California Legislative Information bulk export (pubinfo)"}