Ca_Law

statute | California

Business and Professions Code - BPC - BPC § 11411

  • UIDca_leginfo_codes:bpc-11411
  • CitationBusiness and Professions Code - BPC - BPC § 11411
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

There shall be separate accounts in the Real Estate Appraisers Regulation Fund for purposes of administration and for purposes of recovery. These accounts shall be known respectively as the Administration Account and the Recovery Account. On and after January 1, 2026, 5 percent o

Text

There shall be separate accounts in the Real Estate Appraisers Regulation Fund for purposes of administration and for purposes of recovery. These accounts shall be known respectively as the Administration Account and the Recovery Account. On and after January 1, 2026, 5 percent of the amount of any license or certificate fee collected in the 2024–25 fiscal year shall be transferred to the Recovery Account. On and after January 1, 2026, 5 percent of any license or
certificate fee collected under this part
shall be credited to the Recovery Account. The Recovery Account is a continuing appropriation for carrying out this chapter.

Retrieval chunks

  • #1 | Business and Professions Code - BPC - BPC § 11411

    There shall be separate accounts in the Real Estate Appraisers Regulation Fund for purposes of administration and for purposes of recovery. These accounts shall be known respectively as the Administration Account and the Recovery Account. On and after January 1, 2026, 5 percent of the amount of any license or certific…