Business and Professions Code - BPC
DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400 - 22949.80]
( Division 8 added by Stats. 1941, Ch. 44. ) CHAPTER 5. The Gambling Control Act [19800 - 19987]
( Chapter 5 repealed and added by Stats. 1997, Ch. 867, Sec. 3. ) ARTICLE 6. Licensing of Partnerships and Limited Liability Companies [19890 - 19893]
( Heading of Article 6 amended by Stats. 2009, Ch. 233, Sec. 11. ) 19893.
To the extent required by this chapter, general partners, limited partners, lenders, members, managers, holders of evidence of indebtedness, underwriters, agents, or employees of a partnership or limited liability company that holds or applies for a license to own a gambling enterprise shall be licensed individually. The partnership or limited liability company shall require these persons to apply for and obtain a gambling license. A person who is required to be licensed by this section as a partner, manager, or member shall not hold that position until he or she secures the required approval of, or a temporary license issued by, the commission. A person who is required to be licensed pursuant to a decision of the commission shall apply for a license within 30 days after the commission requests him or her to do
so.
(Amended by Stats. 2009, Ch. 233, Sec. 15. (AB 293) Effective January 1, 2010.)