{"code":"BPC","codeName":"Business and Professions Code","section":"24079","citation":"Bus. & Prof. Code, § 24079","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. 2022, Ch. 296, Sec. 5.   (AB 2971)   Effective January 1, 2023.","effective":"2023-01-01","html":"<p>(a) An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section <a href=\"/bpc/23320\">23320</a> for a period of two years following the original issuance of that license.</p><p>(b) On and after the two-year period following the original issuance of an on-sale general license or off-sale general license, there shall not be a restriction as to the purchase price or consideration paid by a transferee or received by a transferor for an on-sale general license or off-sale general license.</p>","text":"(a) An on-sale general license or off-sale general license shall not be transferred for a purchase price or consideration in excess of the original fee paid for that license pursuant to subparagraph (A) or (B) of paragraph (2) of subdivision (a) of Section 23320 for a period of two years following the original issuance of that license. (b) On and after the two-year period following the original issuance of an on-sale general license or off-sale general license, there shall not be a restriction as to the purchase price or consideration paid by a transferee or received by a transferor for an on-sale general license or off-sale general license.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/transfer-of-licenses-24079","source":"California Legislative Information bulk export (pubinfo)"}