Cal. Bus. & Prof. Code § 7582.22

Current through the 2023 Legislative Session.
Section 7582.22 - [Effective until 1/1/2025] Qualified manager
(a) The business of each licensee shall be operated under the active direction, control, charge, or management, in this state, of the licensee, if they are qualified, or the person who is qualified to act as the licensee's manager, if the licensee is not qualified. Any licensee conducting business in this state whose primary office is located outside of this state shall do both of the following:
(1) Maintain an office in this state operated under the active direction, control, charge, or management of a qualified manager.
(2) Maintain at the office in this state all records required under this chapter and under rules adopted by the bureau.
(b) No person shall act as a qualified manager of a licensee until they have complied with each of the following:
(1) Demonstrated their qualifications by a written or oral examination, or a combination of both, if required by the director.
(2) Made a satisfactory showing to the director that they have the qualifications prescribed in Section 7582.8 and that none of the facts stated in Section 7582.24 or 7582.25 exist as to them.
(c) This section shall remain in effect only until January 1, 2025, and as of that date is repealed.

Ca. Bus. and Prof. Code § 7582.22

Amended by Stats 2023 ch 571 (AB 1244),s 27, eff. 1/1/2024.
Amended 10/10/1999 (Bill Number: SB 1252) (Chapter 665).
This section is set out more than once due to postponed, multiple, or conflicting amendments.