California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 1 — Licensing of PersonsChapter 7 — Mineral, Oil and Gas BrokerageArticle 2 — LicensesSection 10519.1
There is no property right and no right to the renewal of a restricted license issued pursuant to Section 10519.
The commissioner may suspend a restricted license pending the holding of a hearing on charges alleging a basis for disciplinary action against the restricted licensee.
Notes
Bars any property right or right to renewal in a restricted mineral, oil, and gas broker license issued under the cited provision. It also allows the commissioner to suspend that restricted license while awaiting a hearing on charges alleging grounds for disciplinary action against the restricted licensee.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10519.1 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-7/article-2/section-10519-1