Is it necessary for every member of a partnership or corporation to hold a Residential Builders' License?

In a partnership or corporation involved in residential building, not every member is required to hold a Residential Builders' License. Typically, the responsibility for obtaining necessary licenses lies with individuals who are directly engaged in the construction work or who are managing the operations of the business. This ensures that the organization is compliant with legal requirements while allowing flexibility within its structure.

For partnerships, it’s often sufficient for at least one partner to possess the required licenses, which allows the business to operate legally while other partners may contribute in different capacities without needing to be licensed. In corporate structures, it's usually the case that only specific individuals, like officers or certain employees, need to hold such licenses to ensure compliance and proper management of regulated activities.

The other options imply that either all partners or members need to be licensed, or that only certain members like new members or managing partners need a license. This overlooks the general legal framework which allows for selective licensing based on roles within the organization.