California Codes, Business and Professions Code - BPC, Division 3 — Professions and Vocations Generally, Chapter 11 — Repossessors, Article 4 — Licenses, Section 7503.14
(a) A repossession agency license which is not renewed within 10 years after its expiration shall not be renewed, restored, reinstated, or reissued thereafter.
(b) The holder of the repossession agency license may obtain a new license only upon compliance with all of the provisions of this chapter relating to the issuance of an original license.
Notes
Bars renewal, restoration, reinstatement, or reissuance of a repossession agency license once it has remained unrenewed for 10 years after expiration. The former holder may obtain a new license only by satisfying all chapter requirements that apply to issuance of an original repossession agency license.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 7503.14 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-11/article-4/section-7503-14