Business and Professions Code section 7505.4

Except as herein otherwise provided, no person shall be in charge of any licensed office if the person has ever had a license revoked or suspended or has ever been denied registration pursuant to Article 7 (commencing with Section 7506); or if the person was a partner, managing employee, or officer, of a repossession agency the license of which has been revoked for cause.

Source: Section 7505.4, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=7505.­4.­ (updated Jan. 1, 1981; accessed Nov. 10, 2025).

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Verified:
Nov. 10, 2025

§ 7505.4's source at ca​.gov