California Business and Professions Code

§ 11345.2

BPC § 11345.2 Effective Jan 1, 2022Div. 4 · Part 3 · Ch. 4

Statute text

(a)An individual shall not act as a controlling person for a registrant if any of the following apply:

(1)The individual has entered a plea of guilty or no contest to, or been convicted of, a felony. If the individual’s felony conviction has been dismissed pursuant to Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code, the bureau may allow the individual to act as a controlling person.

(2)The individual has had a license or certificate to act as an appraiser or to engage in activities related to the transfer of real property refused, denied, canceled, or revoked in this state or any other state.

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Legislative history

Amended by Stats. 2021, Ch. 431, Sec. 50. (SB 800) Effective January 1, 2022.