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2017 California Code
Business and Professions Code - BPC
DIVISION 3 - PROFESSIONS AND VOCATIONS GENERALLY
CHAPTER 9 - Contractors
ARTICLE 2 - Application of Chapter
Section 7029.
Universal Citation: CA Bus & Prof Code § 7029 (2017)
7029.
A joint venture license is a license issued to any combination of individuals, corporations, limited liability companies, partnerships, or other joint ventures, each of which holds a current, active license in good standing. A joint venture license may be issued in any classification in which at least one of the entities is licensed. An active joint venture license shall be automatically suspended by operation of law during any period in which any member of the entity does not hold a current, active license in good standing.
(Amended by Stats. 2010, Ch. 698, Sec. 4. (SB 392) Effective January 1, 2011.)
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