Ca_Law

statute | California

Business and Professions Code - BPC - BPC § 4053.2

Summary

(a) Notwithstanding Sections 4051 and 4053, the board may issue a designated representative-reverse distributor license to a qualified individual who shall provide sufficient and qualified supervision over a licensed wholesaler that only acts as a reverse distributor. The designa

Text

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  • #1 | Business and Professions Code - BPC - BPC § 4053.2

    (a) Notwithstanding Sections 4051 and 4053, the board may issue a designated representative-reverse distributor license to a qualified individual who shall provide sufficient and qualified supervision over a licensed wholesaler that only acts as a reverse distributor. The designated representative-reverse distributor…

  • #2

    The board shall not issue a license as a designated representative-reverse distributor until the applicant provides proof of completion of the training required by this paragraph to the board. (c) A reverse distributor shall not operate without at least one designated representative or designated representative-reve…