Business and Professions Code - BPC
DIVISION 4. REAL ESTATE [10000 - 11506]
( Division 4 added by Stats. 1943, Ch. 127. ) PART 1. LICENSING OF PERSONS [10000 - 10580]
( Part 1 added by Stats. 1943, Ch. 127. ) CHAPTER 7. Mineral, Oil and Gas Brokerage [10500 - 10580]
( Chapter 7 added by Stats. 1943, Ch. 749. ) ARTICLE 4. Disciplinary Action [10560 - 10564]
( Article 4 added by Stats. 1943, Ch. 749. ) 10562.5.
When a final judgment is obtained in a civil action against any mineral, oil and gas licensee upon grounds of fraud, misrepresentation, or deceit with reference to any transaction for which a license is required under this division, the commissioner may, after hearing in accordance with the provisions of this part relating to hearings, suspend or revoke the license of such mineral, oil and gas licensee.
(Amended by Stats. 1953, Ch. 760.)