California Business and Professions Code 10564 – The commissioner may suspend or revoke the mineral, oil, and gas …
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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.
(Amended by Stats. 1993, Ch. 416, Sec. 23. Effective January 1, 1994.)
Terms Used In California Business and Professions Code 10564
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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