California Statutes

§ 10158. — 10158. (Amended by Stats. 2018, Ch. 285, Sec. 36.)

California·Code BPC Business and Professions Code - BPC·Div. 4. DIVISION 4. REAL ESTATE·Part 1. PART 1. LICENSING OF PERSONS·Ch. 3. CHAPTER 3. Real Estate Regulations·Art. 2. ARTICLE 2. Licenses
When a real estate license is issued to a corporation, if it desires any of its officers other than the officer designated by it pursuant to Section 10211, to act under its license as a real estate broker, it shall procure an additional license to retain each of those additional officers. In the event of death or incapacity of a sole designated broker-officer, a corporation may operate as a licensee without interruption under its existing license if notice of the death or incapacity and an application for a new designated officer is filed with the department before midnight of the 10th business day after the event.

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California § 10158. (10158. (Amended by Stats. 2018, Ch. 285, Sec. 36.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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In Re Grabau
151 B.R. 227 (N.D. California, 1993)
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Legislative History

Amended by Stats. 2018, Ch. 285, Sec. 36. (AB 2884) Effective January 1, 2019.
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