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 10156.7
(a) A restricted license issued pursuant to Section 10156.5 does not confer any property right in the privileges to be exercised thereunder, and the holder of a restricted license does not have the right to the renewal of the license.
(b) The commissioner may without hearing issue an order suspending the licensee’s right to further exercise any privileges granted under a restricted license pending final determination made after formal hearing.
Notes
Limits a restricted license by providing that it creates no property right in its privileges and gives the holder no right to renewal. Allows the commissioner, without a hearing, to suspend further exercise of any restricted-license privilege while awaiting a final determination made after a formal hearing.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10156.7 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-2/section-10156-7