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Earlier editions: 2020-112018-11

DIVISION 9. ALCOHOLIC BEVERAGES 23000-25762›CHAPTER 6. Issuance and Transfer of Licenses 23950-24082›ARTICLE 5. Transfer of Licenses 24070-24082

§ 24074.2

California Business and Professions Code · 2026 edition · updated 2026-10-04 · California

Any person desiring to act as an escrow holder under Section 24074 shall not release any funds in the escrow in exchange for a promissory note or in exchange for any other consideration of less value to the creditors than the funds exchanged.

(Added by Stats. 1967, Ch. 1494.)

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California Business and Professions Code

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