California Revenue and Taxation Code

§ 7453

RTC § 7453 Effective Oct 2, 2001Div. 2 · Part 2 · Ch. 4 · Art. 1

Statute text

Before granting a license authorizing a person to engage in business as a supplier, the board may require the person to file with the board security pursuant to Section 7486. The license issued to any supplier is not transferable and is valid until canceled or revoked.

Legislative history

Amended by Stats. 2001, Ch. 429, Sec. 24. Effective October 2, 2001. Operative January 1, 2002, by Sec. 78 of Ch. 429.