- #Ilicense board of california registration#
- #Ilicense board of california code#
- #Ilicense board of california License number#
- #Ilicense board of california license#
The licensee must submit a written request for license reassignment, specifying which condition exists, along with an Original Application for Contractor License and the required fees. The corporation has changed its filing status with the SOS from a foreign corporation to a domestic corporation,.The corporation has changed its filing status with the SOS from a domestic corporation to a foreign corporation, or.The subsidiary has merged into the parent corporation,.The parent corporation has merged or created a subsidiary,.
#Ilicense board of california registration#
In turn, if a corporation dissolves, merges, or surrenders the right to do business in California through the SOS, the contractor license must be canceled.Ī corporate license may, however, be reassigned to a different corporate registration number if one of the following conditions exists and the new entity is being formed to continue the business of the formerly licensed corporation: In short, a contractor’s license is not an asset that can be acquired in an asset purchase. A company acquiring the “assets” of a licensee would have its own SOS registration number and, therefore, it would be required to obtain its own contractor’s license.
#Ilicense board of california License number#
If this registration number changes, a new contractor’s license number will be required. If all limited partners leave the limited partnership, the limited partnership license must be canceled.Ī corporate license is issued exclusively to a specific corporate registration number assigned by the California Secretary of State’s Office (SOS). However, at least one limited partner must be listed on the license to continue under the limited partnership license. In contrast, limited partners can be added to and removed from a limited partnership license by completing and submitting an Application to Change Limited Partners of a Partnership. A new license will be required for any new partnership structure that includes a change to the general partners. Similarly, general partners cannot be added to a limited partnership license. When a general or qualifying partner leaves the limited partnership, the limited partnership license must be canceled. Once a sole owner license number is reassigned to a corporation, it cannot be changed back to a sole owner license.Ī limited partnership license is issued to a partnership made up of one or more general partners and one or more limited partners.
#Ilicense board of california code#
Code §§ 7000 et seq., is that a contractor’s license is not transferrable or reassignable to another individual or business entity, except under very limited circumstances. A basic tenant of the Contractors License Law, Cal. Things are About to Change, What this Means for a California Contractor’s LicenseĬalifornia (January 21, 2020) - If you are contemplating purchasing or selling a business entity that is a licensed California contractor or even simply changing the type of business entity under which you operate as a licensed California contractor, you must carefully consider and understand the implications and consequences.