企业组织与执照第 1413 / 1605 题

What generally happens to a license if the required bond lapses or is canceled?

a.Nothing changes
b.The license is suspended until an acceptable bond is filed
c.The bond amount is refunded
d.The license converts to Class A

解析

Under the license law, an active license must be continuously bonded. If the $25,000 bond lapses or is canceled and not replaced, the Registrar suspends the license until a valid bond is on file.

法律依据: B&P Code §7071.6

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