{"code":"BPC","codeName":"Business and Professions Code","section":"24076","citation":"Bus. & Prof. Code, § 24076","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 6. Issuance and Transfer of Licenses [23950. - 24082.]","url":"https://blackletter.si/business-and-professions-code/division-9/chapter-6"},{"name":"ARTICLE 5. Transfer of Licenses [24070. - 24082.]","url":"https://blackletter.si/business-and-professions-code/division-9/chapter-6/article-5"}],"history":"Amended by Stats. 1967, Ch. 753.","effective":null,"html":"<p>No licensee shall enter into any agreement wherein he pledges the transfer of his license as security for a loan or as security for the fulfillment of any agreement. No license shall be transferred if the transfer is to satisfy a loan or to fulfill an agreement entered into more than 90 days preceding the date on which the transfer application is filed, or to gain or establish a preference to or for any creditor of the transferor, except as provided by Section <a href=\"/bpc/24074\">24074</a>, or to defraud or injure any creditor of the transferor.</p>","text":"No licensee shall enter into any agreement wherein he pledges the transfer of his license as security for a loan or as security for the fulfillment of any agreement. No license shall be transferred if the transfer is to satisfy a loan or to fulfill an agreement entered into more than 90 days preceding the date on which the transfer application is filed, or to gain or establish a preference to or for any creditor of the transferor, except as provided by Section 24074, or to defraud or injure any creditor of the transferor.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/transfer-of-licenses-24076","source":"California Legislative Information bulk export (pubinfo)"}