California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 7 — Mineral, Oil and Gas Brokerage, Article 4 — Disciplinary Action, Section 10564
The commissioner may suspend or revoke the mineral, oil, and gas license of a corporation as to any officer or agent acting under its mineral, oil, and gas license, without revoking the mineral, oil, and gas license of the corporation.
Notes
Allows the commissioner to suspend or revoke a corporation’s mineral, oil, and gas license as to an officer or agent acting under that license without revoking the corporation’s mineral, oil, and gas license itself. The provision permits discipline limited to the individual acting under the corporate credential rather than automatically affecting the corporation.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10564 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-7/article-4/section-10564