(a) The business of each licensee shall be operated under the active direction, control, charge, or management, in this state, of the licensee, if he or she is 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.
(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 he or she has complied with each of the following:
(1) Demonstrated his or her 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 he or she has the qualifications prescribed in Section 7582.8 and that none of the facts stated in Section 7582.24 or 7582.25 exist as to him or her.
(Amended by Stats. 1999, Ch. 665, Sec. 1. Effective January 1, 2000.)
Last modified: October 25, 2018