California Business and Professions Code

§ 11018.12

BPC § 11018.12 Effective Jan 1, 2013Div. 4 · Part 2 · Ch. 1 · Art. 2

Statute text

(a)The commissioner may issue a conditional public report for a subdivision specified in Section 11004.5 if the requirements of subdivision (e) are met, all deficiencies and substantive inadequacies in the documents that are required to make an application for a final public report for the subdivision substantially complete have been corrected, the material elements of the setup of the offering to be made under the authority of the conditional public report have been established, and all requirements for the issuance of a public report set forth in the regulations of the commissioner have been satisfied, except for one or more of the following requirements, as applicable:

(1)A final map has not been recorded.

(2)A condominium plan pursuant to Section 4120 of the Civil Code has not been recorded.

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Legislative history

Amended by Stats. 2012, Ch. 181, Sec. 10. (AB 806) Effective January 1, 2013. Operative January 1, 2014, by Sec. 86 of Ch. 181.