California Business and Professions Code

§ 10502

BPC § 10502Div. 4 · Part 1 · Ch. 7 · Art. 1

Statute text

A mineral, oil and gas broker license shall not be required to engage in any of the following activities with respect to a mineral, oil or gas property:

(a)To act as a depository under an oil lease, gas lease or oil and gas lease other than for purpose of sale.

(b)To engage in any transaction subject to an order of a court of competent jurisdiction.

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Legislative history

Added by Stats. 1983, Ch. 268, Sec. 6.