Business and Professions Code section 7652.3

Immediately upon the salesperson’s withdrawal from the employ of the broker, the broker shall return the salesperson’s license to the bureau for cancellation. A license canceled but not suspended or revoked may be reinstated within the fiscal year upon receipt of application therefor and the fee for the reinstatement of the license.

Source: Section 7652.3, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=7652.­3.­ (updated Jan. 1, 2016; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 7652.3's source at ca​.gov