California Business and Professions Code

§ 7586.4

BPC § 7586.4 Effective Jan 1, 2024Div. 3 · Ch. 11.5 · Art. 6

Statute text

(a)A revoked license, branch office certificate, or qualified manager certificate is subject to expiration as provided in this article, but it may not be renewed. If it is reinstated after its expiration, the licensee, as a condition precedent to its reinstatement, shall pay a reinstatement fee in an amount equal to the renewal fee in effect on the last regular renewal date before the date on which it is reinstated, plus the delinquency fee, if any, accrued at the time of its revocation.

(b)This section shall become operative on January 1, 2025.

Legislative history

Repealed (in Sec. 34) and added by Stats. 2023, Ch. 571, Sec. 2. (AB 1244) Effective January 1, 2024. Operative January 1, 2025, by its own provisions.