California Statutes

§ 7508.4. — 7508.4. (Amended by Stats. 2016, Ch. 800, Sec. 7.)

California·Code BPC Business and Professions Code - BPC·Div. 3. DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY·Ch. 11. CHAPTER 11. Repossessors·Art. 9. ARTICLE 9. Prohibited Acts and Citations

The director may assess administrative fines for any of the following prohibited acts:

(a)Conducting business from any location other than that location to which a license was issued or conducting a business as an individual, partnership, limited liability company, or corporation unless the licensee holds a valid license issued to that exact same individual, partnership, limited liability company, or corporation. The fine shall be one thousand dollars ($1,000) for each violation.
(b)Aiding or abetting an unlicensed repossessor or assigning his or her license. “Assigning his or her license” means that no licensee shall permit a registrant, employee, or agent in his or her own name to advertise, engage clients, furnish reports, or present bills to clients, or in any manner whatsoever

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California § 7508.4. (7508.4. (Amended by Stats. 2016, Ch. 800, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2016, Ch. 800, Sec. 7. (SB 1196) Effective January 1, 2017.

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