There is a newer version of the California Code
2011 California Code
Business and Professions Code
DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY [5000 - 9998.8]
ARTICLE 4. Licenses
Section 7503.14
CA Bus & Prof Code § 7503.14 (through 2012 Leg Sess) What's This?
A repossession agency license which is not renewed within three years after its expiration may not be renewed, restored, reinstated, or reissued thereafter.
The holder of the repossession agency license may obtain a new license only upon compliance with all of the provisions of this chapter relating to the issuance of an original license.
(Amended by Stats. 1998, Ch. 970, Sec. 18.1. Effective January 1, 1999.)
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