California § 24076 - No licensee shall enter into any agreement wherein he pledges the transfer of his
Full text of California Public Contract Code - PCC § 24076 — No licensee shall enter into any agreement wherein he pledges the transfer of his, with citation guidance and answers to common questions.
§ 24076. No licensee shall enter into any agreement wherein he pledges the transfer of his
No licensee shall enter into any agreement wherein he pledges the transfer of his license as security for a loan or as security for the fulfillment of any agreement. No license shall be transferred if the transfer is to satisfy a loan or to fulfill an agreement entered into more than 90 days preceding the date on which the transfer application is filed, or to gain or establish a preference to or for any creditor of the transferor, except as provided by Section 24074, or to defraud or injure any creditor of the transferor.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24076
What does Public Contract Code - PCC § 24076 cover?
Section 24076 ("No licensee shall enter into any agreement wherein he pledges the transfer of his") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 24076?
A common citation format is "Public Contract Code - PCC § 24076" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 24076 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.