California Codes, Business and Professions Code - BPC, Division 3 — Professions and Vocations Generally, Chapter 11 — Repossessors, Article 6 — Offices, Section 7505.1

Every office licensed as a repossession agency shall be under the active charge of a qualified certificate holder. Nothing in this chapter prohibits a licensee from having more than one qualified certificate holder in an office.

Notes

Requires every licensed repossession-agency office to remain under the active charge of a qualified certificate holder. Allows a licensee to have more than one qualified certificate holder assigned to an office, so the active-charge requirement does not restrict an office to a single qualified certificate holder.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 7505.1 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-11/article-6/section-7505-1

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