California AB1939 regulates professional fiduciary practices, including licensing, fees, and professional conduct.
AB1939 amends the Business and Professions Code to establish licensing requirements for professional fiduciaries and professional fiduciary professional corporations. It sets fees for examinations, licenses, renewals, and license status changes. The bill also outlines disciplinary actions for violations, including failure to notify the bureau of a conviction or bankruptcy. It mandates that professional fiduciary professional corporations register with the Secretary of State and comply with specific regulations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.