SECTIONS 6560-6562 - California Statutes

BUSINESS AND PROFESSIONS CODE

SECTION 6560-6562

6560. A licensee shall keep complete and accurate records of client
accounts, and shall make those records available for audit by the
bureau.

6561. (a) A licensee shall initially, and annually thereafter, file
with the bureau a statement under penalty of perjury containing the
following:
(1) Her or his business address, telephone number, and facsimile
number.
(2) Whether or not he or she has been removed as a conservator,
guardian, trustee, or personal representative for cause. The licensee
may file an additional statement of the issues and facts pertaining
to the case.
(3) The case names, court locations, and case numbers for all
matters where the licensee has been appointed by the court.
(4) Whether he or she has been found by a court to have breached a
fiduciary duty.
(5) Whether he or she has resigned or settled a matter in which a
complaint has been filed, along with the case number and a statement
of the issues and facts pertaining to the allegations.
(6) Any licenses or professional certificates held by the
licensee.
(7) Any ownership or beneficial interests in any businesses or
other enterprises held by the licensee or by a family member that
receives or has received payments from a client of the licensee.
(8) Whether the licensee has filed for bankruptcy or held a
controlling financial interest in a business that filed for
bankruptcy in the last ten years.
(9) The name of any persons or entities that have an interest in
the licensee's professional fiduciary business.
(10) Whether the licensee has been convicted of a crime.
(b) The statement by the licensee required by this section may be
filed electronically with the bureau, in a form approved by the
bureau. However, any additional statement filed under paragraph (2)
of subdivision (a) shall be filed in writing.

6562. The annual statement shall be filed with the bureau 60 days
prior to the expiration of the license as provided in subdivision (a)
of Section 6541.