California Law (Last Updated: March 4, 2014) |
Business and Professions Code - BPC |
Division 4. REAL ESTATE |
Part 1. LICENSING OF PERSONS |
Chapter 3. Real Estate Regulations |
ARTICLE 2. Licenses |
Section 10156.5.
Latest version.
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The commissioner may issue a restricted license to a person:
(a) Who is or has been licensed under this chapter and who has been found by the commissioner after a hearing to have violated provisions of Division 4 of this code where such violation would justify the suspension or revocation of the license.
(b) Who is applying for a license under this chapter, who has met the examination and experience requirements, but who has been found by the commissioner after a hearing to have failed to have made a satisfactory showing that he meets all of the other requirements for the license applied for, where such failure would justify the denial of the license applied for.
(Amended by Stats. 1953, Ch. 944.)