§ 25132 Qualification Effectiveness Period
This rule says a qualification (like a permission) lasts for 12 months unless a stop order is in place, and the commissioner can cancel or extend it.
A small business gets a qualification to sell a special product on Jan 1. It can keep selling for a year, but if the regulator issues a stop order in June, the qualification is paused until the order ends.
The business can operate for the full year unless the stop order stops it, and the commissioner could later decide to end the qualification early or give it more time.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 25132 Qualification Effectiveness Period
Last verified: January 10, 2026