Section 7599.32 - Notification of change of officer or member or addition of new partner(a) A licensee shall notify the bureau within 30 days of any change of its officers, members, or managers required to be named pursuant to Section 7593.4 or 7593.5 and of any addition of a new partner.(b) Applications, on forms prescribed by the director, shall be submitted by all new officers, members, managers, and partners. The director may suspend or revoke a license issued under this chapter if the director determines that the new officer, member, manager, or partner has committed any act which constitutes grounds for the denial of a license pursuant to Section 7591.10.(c) A notice of warning may be issued for the first violation of this section and a fine of five hundred dollars ($500) for each subsequent violation.Ca. Bus. and Prof'l. Code § 7599.32
Amended by Stats 2018 ch 406 (SB 904),s 20, eff. 1/1/2019.Amended by Stats 2016 ch 800 (SB 1196),s 59, eff. 1/1/2017.Amended by Stats 2015 ch 140 (SB 177),s 13, eff. 1/1/2016.Amended by Stats 2012 ch 291 (SB 1077),s 20, eff. 1/1/2013.Amended by Stats 2000 ch 568 (AB 2888), s 96, eff. 1/1/2001.