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§ 4573. Eligibility for Placement of License in Retired Status.

16 CA ADC § 4573Barclays Official California Code of RegulationsEffective: January 1, 2023

Barclays California Code of Regulations
Title 16. Professional and Vocational Regulations
Division 41. Professional Fiduciaries Bureau
Article 8.2. Retired License Status; Reinstatement of Retired License to Active License Status
Effective: January 1, 2023
16 CCR § 4573
§ 4573. Eligibility for Placement of License in Retired Status.
A licensee shall be eligible to place their license in a retired status under the following conditions:
(a)(1) For applications submitted on or before January 1, 2024, the license may be active, placed in an inactive status, expired, or delinquent.
(2) For applications submitted after January 1, 2024, the license shall either be active or placed in an inactive status and shall not be expired or delinquent.
(b) The license shall be in good standing for at least five consecutive years immediately preceding submission of an application pursuant to Section 4574.
(c) There shall be no outstanding citation issued by the Bureau against the licensee, unresolved disciplinary action initiated by the Bureau against the licensee, or other disqualifying condition specified in Section 6542(b) of the Business and Professions Code.
(d) There shall be no outstanding order for recovery of the Bureau's costs issued against the licensee pursuant to Section 125.3 of the Business and Professions Code.
(e) The licensee shall have no open cases that require active licensure.

Credits

Note: Authority cited: Sections 6517 and 6542, Business and Professions Code. Reference: Sections 12.5, 125.9, 148, 490, 6517, 6542, 6580 and 6584, Business and Professions Code.
History
1. New section filed 10-25-2022; operative 1-1-2023 (Register 2022, No. 43).
This database is current through 4/19/24 Register 2024, No. 16.
Cal. Admin. Code tit. 16, § 4573, 16 CA ADC § 4573
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