California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 7 — Mineral, Oil and Gas Brokerage, Article 2 — Licenses, Section 10519
(a) The commissioner may issue a restricted mineral, oil, and gas broker license to a person whose mineral, oil, and gas broker license has been revoked as the result of disciplinary action taken by the commissioner.
(b) A restricted mineral, oil, and gas broker license issued by the commissioner may be restricted by term and by the conditions to be observed by the licensee in the performance of acts for which a mineral, oil and gas broker license is required including the posting of a surety bond by the restricted licensee in such form and condition as the commissioner may require.
Notes
Allows the commissioner to issue a restricted mineral, oil, and gas broker license to a person whose prior license was revoked through commissioner disciplinary action. The restricted license may carry limits on its term and conditions governing licensed acts, including a requirement to post a surety bond in the form and on the conditions the commissioner requires.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10519 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-7/article-2/section-10519