Cal. Bus. & Prof. Code § 19904
Current through the 2023 Legislative Session.
The purported sale, assignment, transfer, pledge, or other disposition of any security issued by a corporation, membership interest of a limited liability company, or ownership interest of a partnership or sole proprietor that holds a gambling license, or the grant of an option to purchase that interest or security, is void unless approved in advance by the commission.
Ca. Bus. and Prof. Code § 19904