Business & LicensingQuestion 1368 of 1632

How many contractor's licenses may a single qualifying individual (RMO/RME) generally serve as the qualifier for, absent a qualifying ownership exception?

a.One firm only, in every case without exception
b.Two firms, if both hold the same classification
c.Three firms in any single one-year period
d.Ten firms, if the qualifier owns part of each

Explanation

B&P §7068.1(a) lets one person qualify more than one active licensee only where there is common ownership of at least 20 percent of the equity of each firm (or a parent/subsidiary/joint-venture relationship), and §7068.1(b) caps the qualifier at three firms in any one-year period. (a) states the default rule as though it were absolute — it is the rule only for firms with no common ownership. (b) invents a same-classification test; the statute keys on ownership, not on the class held. (d) uses 10 percent thinking, which is the §7071.9 qualifier-bond threshold rather than the §7068.1 ownership threshold, and no provision allows ten firms.

Law Reference: B&P Code §7068.1(a)-(b)

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