(a) A revoked license, branch office certificate, or qualified manager certificate is subject to expiration as provided in this article, but it may not be renewed. If it is reinstated after its expiration, the licensee, as a condition precedent to its reinstatement, shall pay a reinstatement fee in an amount equal to the renewal fee in effect on the last regular renewal date before the date on which it is reinstated, plus the delinquency fee, if any, accrued at the time of its revocation.

(b) This section shall become operative on January 1, 2025.

Terms Used In California Business and Professions Code 7559.5 v2

  • license: means license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Section 1000 or 3600. See California Business and Professions Code 23.7
  • licensee: means a person licensed under this chapter. See California Business and Professions Code 7512.6
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • qualified manager: means the individual under whose direction, control, charge, or management the business of a licensee is operated as specified in Section 7536. See California Business and Professions Code 7512.7

(Repealed (in Sec. 19) and added by Stats. 2023, Ch. 571, Sec. 2. (AB 1244) Effective January 1, 2024. Operative January 1, 2025, by its own provisions.)