(a) The business of each licensee shall be operated under the active direction, control, charge, or management, in this state, of the licensee, if they are qualified, or the person who is qualified to act as the licensee’s manager, if the licensee is not qualified. Any licensee conducting business in this state whose primary office is located outside of this state shall do both of the following:

(1) Maintain an office in this state operated under the active direction, control, charge, or management of a qualified manager.

Terms Used In California Business and Professions Code 7582.22

(2) Maintain at the office in this state all records required under this chapter and under rules adopted by the bureau.

(b) No person shall act as a qualified manager of a licensee until they have complied with each of the following:

(1) Demonstrated their qualifications by a written or oral examination, or a combination of both, if required by the director.

(2) Made a satisfactory showing to the director that they have the qualifications prescribed in Section 7582.8 and that none of the facts stated in Section 7582.24 or 7582.25 exist as to them.

(c) This section shall remain in effect only until January 1, 2025, and as of that date is repealed.

(Amended by Stats. 2023, Ch. 571, Sec. 27. (AB 1244) Effective January 1, 2024. Repealed as of January 1, 2025, by its own provisions. See later operative version added by Sec. 28 of Stats. 2023, Ch. 571.)