Section 735 Of Article 2. Yacht And Ship Brokers From California Harbors And Navigation Code >> Division 3. >> Chapter 5. >> Article 2.
735
. (a) Every broker shall maintain a definite place of business
in this state as his principal office and may establish other branch
offices throughout the state. Every broker maintaining more than one
place of business within this state shall procure an additional
license for every branch office maintained by him. Every broker shall
keep the department informed at all times of the address of his
principal and branch offices and any changes of address.
(b) Every broker's license shall be prominently displayed in the
broker's principal office. The license for each branch office, if
any, of such broker shall be prominently displayed in such branch
office. Every salesman's license shall be prominently displayed in
the principal office or branch office of the broker in which the
business of such salesman is transacted. When a broker or any branch
office to which a license was issued, for any reason ceases to be
licensed, or when there is a name or address change, such license
shall be immediately returned to the department.
(c) Every salesman's license shall remain in the control of the
broker by whom the salesman is employed until the license is canceled
or until he leaves the employment of the broker. Immediately upon
the salesman's withdrawal from the employment of the broker, such
broker shall return such salesman's license to the department for
cancellation and shall notify the department of the exact date of
termination.
(d) Upon the issuance of a license, a pocket card of such size,
design, and content as may be determined by the department may be
issued without charge to such licensee, which card shall be evidence
that the licensee is duly licensed pursuant to this article. When any
broker to whom a card is issued ceases for any reason to be licensed
as a broker, the card issued to such broker shall be mailed or
delivered by the broker to the department for cancellation. When any
salesman to whom a card is issued ceases to be a salesman for any
reason, the card issued to him shall be mailed or delivered to the
department for cancellation.