Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 7029 — Application of Chapter
Cal. Bus. & Prof. Code § 7029
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2011-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A joint venture license is a license issued to any combination of individuals, corporations, limited liability companies, partnerships, or other joint ventures, each of which holds a current, active license in good standing. A joint venture license may be issued in any classification in which at…
Citator
Cal. Bus. & Prof. Code § 7029 — Application of Chapter is in force in the current edition of the Code, and nothing recorded condemns it.
A joint venture license is a license issued to any combination of individuals, corporations, limited liability companies, partnerships, or other joint ventures, each of which holds a current, active license in good standing. A joint venture license may be issued in any classification in which at least one of the entities is licensed. An active joint venture license shall be automatically suspended by operation of law during any period in which any member of the entity does not hold a current, active license in good standing.