Assignment Limit

Hi everyone,

I recently have been made aware of something that I have never heard of before and I would like to see if anyone here can confirm this for me.

This question is relating to a California Law which limits the number of Assignments a non-licensed private investor can do in one year. It was mentioned about 8-10 selling of contracts in a one calendar year period.

Since I don’t have a license and I would like to do as many assignments here in California as I can, can someone confirm for me whether or not there is such a restriction in California law?