Earlier editions: 2020-112018-11
DIVISION 4. REAL ESTATE 10000-11506›PART 1. LICENSING OF PERSONS 10000-10580›CHAPTER 7. Mineral, Oil and Gas Brokerage 10500-10580›ARTICLE 1. Scope of Regulation 10500-10513
§ 10509
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
(a) It is unlawful for a mineral, oil, and gas broker or a real estate broker to compensate, directly or indirectly, any person who is not a mineral, oil, and gas broker or a licensed real estate salesperson retained by the real estate broker for performing any acts for which a mineral, oil, and gas broker license is required.
(b) It is a misdemeanor, punishable by a fine of not exceeding one hundred dollars ($100) for each offense, for any person, whether obligor, escrow holder, or otherwise, to pay or deliver compensation to a person for performing any acts for which a mineral, oil, and gas broker license is required unless that person is known by the payer to be or has presented evidence to the payer that he or she was a licensed mineral, oil, and gas broker at the time the compensation was earned.
(Amended by Stats. 2018, Ch. 285, Sec. 52. (AB 2884) Effective January 1, 2019.)
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