§ 24079

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

(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.

(Amended by Stats. 2022, Ch. 296, Sec. 5. (AB 2971) Effective January 1, 2023.)

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California Business and Professions Code

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