§ 2960. General Definitions and Short Form References.
10 CA ADC § 2960Barclays Official California Code of Regulations
10 CCR § 2960
§ 2960. General Definitions and Short Form References.
Unless otherwise expressly indicated or compelled by the context in which used, words, phrases and short form references appearing in this Article shall have meanings as ascribed herein.
(b) “Business activities” -- include, but are not limited to, all real estate business functions, activity requiring a real estate license, any clerical activity (i.e., typing, filing, copying, reception, telephone communications), mailroom activity, customer service, telemarketing, marketing, advertising, soliciting, processing transactions, bookkeeping, accounting, computer activities, counseling, advising, planning, supervising or overseeing, making referrals, interviewing, intake, entertaining clients, notary, credit report checking, any consulting services, any project management, and any activity as an independent contractor.
(c) “Business activities of a finance lender” -- any business activity set out in subsection (b) performed for any lender, including, but not limited to, a finance lender, residential mortgage lender, bank and/or other institutional lender, credit union, private lender, or hard money lender, whether or not the loan is secured by an interest in real property.
(e) “Employment, management or control” -- 1) Employment -- employment as an employee or independent contractor; 2) Management -- holding a position which requires or allows the supervision or management of the tasks performed by employees and/or independent contractors; 3) Control -- holding a position in a corporation as a director, officer, or shareholder owning or controlling more than ten percent of the shares of the corporation.
(h) “On the premises” -- a particular physical location and/or place of business including, but not limited to, a building or part of a building, store, shop, apartment, house, hotel room, restaurant, condominium, mobile home, trailer, motor home, fifth wheel, automobile, boat, yacht, airliner, airplane, or private or commuter jet.
Credits
Note: Authority cited: Section 10080, Business and Professions Code. Reference: Section 10087, Business and Professions Code.
History
1. New article 20 (sections 2960-2963) and section filed 9-26-2011; operative 10-26-2011 (Register 2011, No. 39). For prior history of article 20, section 2960, see Register 96, No. 46.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 2960, 10 CA ADC § 2960
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