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California Code, Food and Agricultural Code (Formerly Agricultural Code) - FAC § 55485.5

Current as of January 01, 2025 | Updated by Findlaw Staff

A license is forfeited by operation of law prior to its expiration date when one of the following occurs:

(a) The holder surrenders the license to the department.

(b) The holder dies.

(c) The partnership holder dissolves.

(d) The holder of a significant financial interest in a corporation transfers his or her interest to another person or entity, regardless of relationship.

(e) The holder files for bankruptcy under provisions other than those permitting and governing reorganization under bankruptcy.

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Cite this article: FindLaw.com - California Code, Food and Agricultural Code (Formerly Agricultural Code) - FAC § 55485.5 - last updated January 01, 2025 | https://codes.findlaw.com/ca/food-and-agricultural-code-formerly-agricultural-code/fac-sect-55485-5/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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