Business & LicensingQuestion 403 of 1605

Which of the following business entities IS eligible to hold a CSLB contractor license?

a.A revocable living trust
b.An unincorporated charitable association
c.A self-directed individual retirement account
d.A limited liability company (LLC)

Explanation

Under §7065, eligible entities include sole proprietorships, partnerships, corporations, and limited liability companies. Trusts and similar arrangements are not eligible to hold a contractor license.

Law Reference: Bus. & Prof. Code §7065

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Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen Licensed California General Contractor (CSLB License #1101856 verify)
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