BILL NUMBER: AB 1859 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Maienschein
FEBRUARY 19, 2014
An act to amend Section 6535 of the Business and Professions Code,
relating to professional fiduciaries.
LEGISLATIVE COUNSEL'S DIGEST
AB 1859, as introduced, Maienschein. Professional fiduciaries:
licensing.
Existing law, the Professional Fiduciaries Act, establishes the
Professional Fiduciaries Bureau within the Department of Consumer
Affairs and requires the bureau to license and regulate professional
fiduciaries, as specified.
This bill would make a technical, nonsubstantive change to these
provisions.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 6535 of the Business and Professions Code is
amended to read:
6535. The bureau shall approve or deny licensure in a timely
manner to applicants who apply for licensure. Upon approval of a
license, the bureau shall notify the applicant of issuance of the
license, and shall issue a license certificate identifying
him or her the applicant as a "licensed
professional fiduciary."