RS 2167 - Licensure required; qualifications; examination; waivers
A. No person shall work as a residential building contractor in this state unless he holds an active license in accordance with the provisions of this Chapter.
B. In order to obtain a license as a residential building contractor an applicant shall demonstrate to the subcommittee that he:
(1) Has submitted certificates evidencing workers' compensation coverage in compliance with Title 23 of the Louisiana Revised Statutes of 1950, and liability insurance in a minimum amount of one hundred thousand dollars or liability protection provided by a liability trust fund as authorized by R.S. 22:46(9)(d) in a minimum amount of one hundred thousand dollars.
(2) Has passed the examination administered by the State Licensing Board for Contractors.
(3) Has submitted a financial statement prepared by an accountant, bookkeeper, or certified public accountant and signed by the applicant before a notary public, indicating a net worth of at least ten thousand dollars, and stating that the statement of the applicant's assets and financial condition is true and correct.
C. The State Licensing Board for Contractors shall set the time and location and administer an examination for licensure of residential building contractors in accordance with the testing procedures of the board. The examination shall test the applicant's knowledge of subjects that the subcommittee considers useful to determine the applicant's fitness to be a licensed residential building contractor. The subcommittee shall determine the criteria for satisfactory performance.
D. The subcommittee shall waive the examination and grant a residential building contractor's license to any person working in the residential building industry who holds a builder construction license that was issued by the State Licensing Board for Contractors prior to February 1, 1996.
E. Repealed by Acts 2019, No. 371, §2.
Acts 1995, No. 638, §1, eff. Feb. 1, 1996; Acts 1997, No. 925, §1, eff. Jan. 1, 1998; Acts 2001, No. 802, §1; Acts 2003, No. 1146, §1; Acts 2008, No. 415, §2, eff. Jan. 1, 2009; Acts 2019, No. 371, §§1, 2.