Ca_Law

statute | California

Business and Professions Code - BPC - BPC § 10158

  • UIDca_leginfo_codes:bpc-10158
  • CitationBusiness and Professions Code - BPC - BPC § 10158
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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

Text

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.

Retrieval chunks

  • #1 | Business and Professions Code - BPC - BPC § 10158

    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 inca…