§ 7612. Salesman's License, Transfer of, Restrictions on Employment.
14 CA ADC § 7612Barclays Official California Code of Regulations
14 CCR § 7612
§ 7612. Salesman's License, Transfer of, Restrictions on Employment.
(b) A salesman's license or temporary salesman's license shall become inoperative upon the termination of such salesman's employment by a licensed broker, or upon the suspension or revocation of the employing broker's license. However, such salesman's license may be transferred to another licensed broker upon the holder's request. Such request for transfer must be accompanied by an application, as prescribed by the department, in writing executed by the new broker and the appropriate fee.
Credits
Note: Authority cited: Section 703, Harbors and Navigation Code. Reference: Sections 719, 725 and 726, Harbors and Navigation Code.
History
1. Editorial correction of Note filed 10-11-85 (Register 85, No. 41).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 14, § 7612, 14 CA ADC § 7612
End of Document |