California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 3 — Real Estate Regulations, Article 2 — Licenses, Section 10156.5
The commissioner may issue a restricted license to a person:
(a) Who is or has been licensed under this chapter and who has been found by the commissioner after a hearing to have violated provisions of Division 4 of this code where such violation would justify the suspension or revocation of the license.
(b) Who is applying for a license under this chapter, who has met the examination and experience requirements, but who has been found by the commissioner after a hearing to have failed to have made a satisfactory showing that he meets all of the other requirements for the license applied for, where such failure would justify the denial of the license applied for.
Notes
Allows the commissioner to issue a restricted license after a hearing to a current or former licensee whose Division 4 violation would justify suspension or revocation. Also allows a restricted license for an applicant who meets examination and experience requirements but, after a hearing, fails to satisfactorily show other licensing requirements where that failure would justify denial.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10156.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-2/section-10156-5