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HomeCorporations CodeCh. 7§ 28500 Licensee Recordkeeping Requirements

§ 28500 Licensee Recordkeeping Requirements

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 28500 Licensee Recordkeeping Requirements

Key Takeaways

  • •If you have a license (like for a business), you must keep records of your work.
  • •The records must be in the way the boss (commissioner) tells you to.
  • •You have to keep these records for as long as the boss says.

Example

You own a small store and have a license to sell things.

You must write down what you sell and keep those notes safe. If the boss says keep them for 5 years, you do that.

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

Official Source
View on CA.gov

§ 28500 Licensee Recordkeeping Requirements

Each licensee shall make and keep books, accounts, and other records in the form and in the manner that the commissioner may by regulation or order require. All records so required shall be kept at the place and shall be preserved for the time that the commissioner may by regulation or order specify. (Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.)

Last verified: January 23, 2026

Key Terms

licenseebooksaccountsrecordscommissionerregulationorder

Related Statutes

  • § 28501 Annual Audit Report Requirements
  • § 28502 Licensee Reporting Requirements
  • § 28503 Licensee Examination Requirements
  • § 28504 Outsourcing Financial Records
  • § 29560 Good Faith Compliance Defense

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 28500.
View Official Source