The bureau may refuse to issue any license provided for in this chapter to any partnership, corporation, limited liability company, firm, or association:
(a) Who has had any license issued to it revoked, or whose license is under suspension, or who has failed to renew its license while it was under suspension.
(b) If any member of the partnership, or any officer or director of the corporation, or any officer or person acting in a managerial capacity of the firm or association has had any license issued to them revoked, or whose license is under suspension, or who has failed to renew their license while it was under suspension.
(c) If any member of the limited liability company or of the partnership, or any officer or director of the corporation, or any officer or person acting in a managerial capacity of the firm or association, was either a member of any limited liability company or of any partnership, or an officer or director of any corporation, or an officer or person acting in a managerial capacity of any firm or association, whose license has been revoked, or whose license is under suspension, or who failed to renew a license while it was under suspension, and while acting as a member, officer, director, or person acting in a managerial capacity participated in any of the prohibited acts for which any license was revoked or suspended.
(Amended by Stats. 2023, Ch. 508, Sec. 34. (SB 814) Effective January 1, 2024.)