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Code · California · Business and Professions Code

§ 7533.5

118 words·~1 min read·/ca/business-and-professions-code/7533-5·

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(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, and of any addition of a new partner.
(b)Applications, on forms prescribed by the director, shall be submitted by all new officers and partners. The director may suspend or revoke a license issued under this chapter if the director determines that the new officer 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.
(c)This section shall become operative on January 1, 2030.
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