CSLB - Law and Business Exam Questions and Answers 100% Correct

CSLB - Law and Business Exam Questions and Answers 100% Correct CSLB - Law and Business Exam Questions and Answers 100% Correct CSLB - Law and Business Exam Questions and Answers 100% Correct 2 types of qualifying individuals for each type of license - ANSWER-Individual - Responsible Managing Employee (RME) or Owner Partnership - Qualifying Partner or RME Corporation - Responsible managing officer (RMO) or RME LLC - RME, RMO, Responsible Managing member/manager What must be filed w/CSLB if RME/RMO leaves? Within how long? If not, what happens? - ANSWER-"Notice of disassociation" and "application for replacing qualifying individual". Within 20 days Or license automatically suspended Responsible Managing Employee (RME) - ANSWER-Full time employee works at least 32 hours or 80% of operating time of biz, whichever is less. May be used to qualify for individual, partnership, or corp license. Never more than 3 licensees at one time.