Private Investigator Act: license: assignment.

Existing law, the Private Investigator Act, provides for the licensure and regulation of private investigators by the Bureau of Security and Investigative Services. Existing law authorizes a licensee to apply for consent to assign a license to another business entity and, upon consent and payment of a processing fee, assign that 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. Existing law also provides that a license under that act is not assignable. This bill would delete the provision of law that provides a license under that act is not assignable. This bill would declare that it is to take effect immediately as an urgency statute.