California Business and Professions Code ARTICLE 5 - Licensing of Corporations

• Section 19880.
  In addition to the requirements of Section 19852, in order to be eligible to receive a gambling license as the owner of a gambling enterprise,...
• Section 19881.
  (a) A corporation is not eligible to receive a license to own a gambling enterprise unless the conduct of controlled gambling is among the purposes stated...
• Section 19882.
  (a) If at any time the commission denies a license to, or revokes the license of, an individual owner of any security issued by a corporation...
• Section 19883.
  (a) To the extent required by this chapter, officers and directors, shareholders, lenders, holders of evidence of indebtedness, underwriters, agents, or employees of a corporate owner...

Last modified: October 22, 2018