(a) Except as provided in subdivision (d), on or before the date that is 5 years after the date on which a license was placed in a retired status, a licensee may reinstate the retired license to an active status by following all of the procedures in subdivision (b). After that date, a licensee seeking to reinstate their retired license shall be subject to the same requirements, including retaking the licensing examination, as an applicant for initial licensure.(b) To reinstate a retired license to active status, a licensee shall do all of the following: (1) In the one-year period immediately before requesting reinstatement, complete the amount of approved continuing education courses required by Section 6538 of the Business and Professions Code, as determined under Section 4442, including at least 2 hours of continuing education credits in ethics for fiduciaries, as required in subdivision (b)(2) of that section.(2) Submit to the Bureau a statement, signed under penalty of perjury, that the licensee has completed the continuing education courses required by paragraph (1). The licensee shall maintain and disclose evidence supporting this statement as provided in Section 4452.(3) File with the Bureau an updated annual statement. The annual statement shall be filed with the Bureau in the same manner as the licensee would file an annual statement for renewal of an active license.(4) Submit to the Bureau the reinstatement fee specified in subdivision (g) of Section 4580.(c)(1) The initial license period after a retired license is reinstated to active status shall be twelve (12) months as provided in Section 4428 in order to set the renewal date for each licensee.(2) For the initial license period after reinstatement, each licensee shall comply with the continuing education requirements for an annual renewal period pursuant to Section 4442.(d) Reinstatement of a retired license under this section is subject to denial pursuant to Section 125.3 or 494.5 of the Business and Professions Code or as otherwise provided by law.Cal. Code Regs. Tit. 16, § 4575
Note: Authority cited: Sections 494.5, 6517, 6542 and 6592, Business and Professions Code. Reference: Sections 125.3, 134, 152.6, 494.5, 6538, 6542, 6561 and 6592, Business and Professions Code.
Note: Authority cited: Sections 494.5, 6517, 6542 and 6592, Business and Professions Code. Reference: Sections 125.3, 134, 152.6, 494.5, 6538, 6542, 6561 and 6592, Business and Professions Code.
1. New section filed 10-25-2022; operative 1/1/2023 (Register 2022, No. 43).
2. Amendment of section heading and subsection (c)(1) filed 11-27-2023; operative 1/1/2024 (Register 2023, No. 48).