(a) A licensee shall notify the bureau within 30 days of any change in its corporate officers or of any addition of a new partner.
(b) Applications, on forms prescribed by the director, shall be submitted by all new officers and partners. The director may suspend or revoke a license issued under this chapter if the director determines that the new officer or partner of a licensee has committed any of the acts constituting grounds to deny an application for a license or to take disciplinary action against a licensee pursuant to Section 7582.24 or 7582.25 respectively.
(Amended by Stats. 2000, Ch. 568, Sec. 94. Effective January 1, 2001.)