California CodesBusiness and Professions Code - BPCDivision 3 — Professions and Vocations GenerallyChapter 11.3 — Private InvestigatorsArticle 3 — Regulation, Licensing, and RegistrationSection 7530

(a) Except as provided in this section, a license issued under this chapter is not assignable.

(b) A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business entity as long as the direct and indirect owners of the assignor own all of the assignee immediately after the assignment.

Notes

Prohibits assignment of a license issued under the chapter except through the stated process. Allows a licensee, with the chief’s consent and payment of the authorized processing fee, to assign the license to another business entity only when all direct and indirect owners of the assignor own all of the assignee immediately after assignment.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 7530 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-11-3/article-3/section-7530

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