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HomeBusiness and Professions CodeDiv. 4Pt. 1Ch. 7Art. 1§ 10508 Mineral Broker Licensing Requirement

§ 10508 Mineral Broker Licensing Requirement

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 10508 Mineral Broker Licensing Requirement

Key Takeaways

  • •If you work as a mineral, oil, or gas broker in this state, you must have a license.
  • •If you don't have a license, you can't sue anyone to get paid for your work.
  • •You have to show proof of your license in court if you want to get paid.

Example

A person helps a company buy and sell oil land but doesn't have a broker license.

If the company doesn't pay them, they can't take the company to court to get their money because they didn't have a license when they did the work.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 10508 Mineral Broker Licensing Requirement

No person engaged in the business or acting in the capacity of a mineral, oil and gas broker within this state shall bring or maintain any action in the courts of this state for the collection of compensation for the performance of any of the acts mentioned in this article without alleging and proving that he was a duly licensed mineral, oil and gas broker at the time the alleged cause of action arose. (Amended by Stats. 1967, Ch. 747.)

Last verified: January 22, 2026

Key Terms

mineral, oil and gas brokerduly licensedcollection of compensation

Related Statutes

  • § 10500 Mineral And Gas Brokerage
  • § 10500.5 Mineral And Oil Broker Licensing
  • § 10501 Real Estate Violation Enforcement
  • § 10502 Mineral Broker License Exemptions
  • § 10503 Mineral And Oil Land

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 10508.
View Official Source