Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 7533.5 — Regulation, Licensing, and Registration

Cal. Bus. & Prof. Code § 7533.5

Type: Statute
Source: California Business and Professions Code
Jurisdiction: California
Date: 2025-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

(a) A licensee shall notify the bureau within 30 days of any change in its corporate officers required to be named pursuant to subdivision (h) of Section 7525.1 or members or managers required to be named pursuant to subdivision (i) of Section 7525.1, and of any addition of a new partner.

Citator

Cal. Bus. & Prof. Code § 7533.5 — Regulation, Licensing, and Registration is in force in the current edition of the Code, and nothing recorded condemns it.

(b) Applications, on forms prescribed by the director, shall be submitted by all new officers, members or managers, and partners. The director may suspend or revoke a license issued under this chapter if the director determines that the new officer, member or manager, or partner of a licensee has committed any of the acts constituting grounds to deny an application for a license or to take disciplinary action against a licensee pursuant to Section 7538 or 7538.5, respectively.