Business & LicensingQuestion 403 of 690

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

Practice all 690 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

PrepPass Editorial Team · Verified against California CSLB Contractor License Law & Business Exam · How we review
Report