Section 60133 Of Article 1. Licenses For Suppliers From California Revenue And Taxation Code >> Division 2. >> Part 31. >> Chapter 5. >> Article 1.

. Before granting a license authorizing a person to engage in business as a supplier, the board may require the person to file with the board security pursuant to Section 60401. The license issued to any supplier is not transferable and is valid until canceled or revoked.