California Financial Code
§ 22685
FIN § 22685 Effective Jan 1, 2019Div. 9 · Ch. 3.5
Statute text
View on leginfo.ca.gov(a)A program administrator shall derive market value using one of the following:
(1)Automated valuation models, using the following criteria:
(A)Each automated valuation model must be provided by a third-party vendor.
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Legislative history
Amended by Stats. 2018, Ch. 798, Sec. 6. (SB 1087) Effective January 1, 2019.