California Business and Professions Code
§ 7029.1
BPC § 7029.1 Effective Jan 1, 2004Div. 3 · Ch. 9 · Art. 2
Statute text
View on leginfo.ca.gov(a)Except as provided in this section, it is unlawful for any two or more licensees, each of whom has been issued a license to act separately in the capacity of a contractor within this state, to be awarded a contract jointly or otherwise act as a contractor without first having secured a joint venture license in accordance with the provisions of this chapter.
(b)Prior to obtaining a joint venture license, contractors licensed in accordance with this chapter may jointly bid for the performance of work covered by this section. If a combination of licensees submit a bid for the performance of work for which a joint venture license is required, a failure to obtain that license shall not prevent the imposition of any penalty specified by law for the failure of a contractor who submits a bid to enter into a contract pursuant to the bid.
(c)A violation of this section constitutes a cause for disciplinary action.
Legislative history
Amended by Stats. 2003, Ch. 607, Sec. 32. Effective January 1, 2004.