Business and Professions Code section 7530

(a)

Except as provided in this section, a license issued under this chapter is not assignable.

(b)

A licensee may apply to the chief for consent, and upon receipt of the consent and payment of the processing fee authorized by Section 7570, may assign a license to another business entity as long as the direct and indirect owners of the assignor own all of the assignee immediately after the assignment.