Business and Professions Code section 23778

A distilled spirits wholesaler’s license shall not be held by any person unless at all times throughout the license year he has on his wholesale premises a reasonable stock of distilled spirits, as determined by the department, for which he has fully paid lawful money or its equivalent.

Source: Section 23778, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=23778.­ (updated Jan. 1, 1955; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 23778's source at ca​.gov