California Business and Professions Code

§ 11412

BPC § 11412 Effective Jan 1, 2026Div. 4 · Part 3 · Ch. 8

Statute text

(a)On or before January 1, 2002, the director shall determine the number of complaint cases containing judicial findings of fraud that may be eligible for recovery. This information shall be used by the director to determine whether a real estate appraiser Recovery Account is necessary or whether to recommend that it should be eliminated.

(b)The statute of limitations for claims against the fund arising between the effective date of this part and the creation of the fund shall be tolled until the date the fund is created.

(c)On and after July 1, 2026, the bureau shall do both of the following:

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Legislative history

Amended by Stats. 2025, Ch. 786, Sec. 35. (SB 774) Effective January 1, 2026. Repealed as of January 1, 2030, pursuant to Section 11420.