California Financial Code 28124 – A license shall remain effective until the license is either …
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A license shall remain effective until the license is either suspended or revoked by the commissioner or surrendered by the licensee.
(Added by Stats. 2016, Ch. 824, Sec. 2. (AB 2251) Effective January 1, 2017. Operative July 1, 2018, pursuant to Section 28182.)