Business Taxes Law Guide – Revision 2011
 

Regulation 4507. Request for Information and Records.

Authority cited: Section 22971.2, Business and Professions Code.

Reference: Sections 22973.1, 22977.2 and 22979, Business and Professions Code.

When a business's license is suspended, revoked, or is subject to civil or criminal citation, then the parties to a proposed or completed transfer or sale of the business must, at the Board's request, provide all relevant information on the transfer or sale to the Special Taxes and Fees Division, including, but not limited to, the purchase agreement, all escrow documents and proof of payment or tender of the purchase consideration.

History: Adopted December 12, 2006, effective April 21, 2007.

Amended August 23, 2011, effective October 10, 2011. Change without regulatory effect replacing the reference to the "Excise Taxes Division" with a reference to the "Special Taxes and Fees Division."