The provisions of this article shall not apply to any real estate licensee who submits proof satisfactory to the commissioner that he or she has been a real estate licensee in good standing for 30 continuous years in this state and is 70 years of age or older.
A licensee in good standing is one who holds an active license which has not been suspended, revoked, or restricted as a result of disciplinary action.
(Added by Stats. 1981, Ch. 118, Sec. 1. Effective June 29, 1981.)