Legal Question in Construction Law in California
Can three people own a construction company under one license?
Asked on 10/01/09, 6:56 pm
1 Answer from Attorneys
Absolutely. Each company must have a designated Responsible Managing Employee or Responsible Managing Officer on the company license, but any number of people can own it. Heck, there are publicly traded construction companies with literally thousands of owners.
Answered on 10/01/09, 7:02 pm