Section 50207 Of Chapter 4. Financial Condition, Transaction And Bond Requirements From California Financial Code >> Division 20. >> Chapter 4.
50207
. (a) A license, along with any currently effective order of
the commissioner approving use of a different name pursuant to
Sections 50120 and 50130, shall be conspicuously posted in the place
of business authorized by the license.
(b) A license is not transferable or assignable. A license issued
to a partnership or a limited partnership is not transferred or
assigned within the meaning of this section by the death, withdrawal,
or admission of a partner, general partner, or limited partner,
unless the death, withdrawal, or admission dissolves the partnership
to which the license was issued.