Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 11411 — Real Estate Appraisers Regulation Fund
Cal. Bus. & Prof. Code § 11411
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2026-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Bus. & Prof. Code § 11411 — Real Estate Appraisers Regulation Fund is in force in the current edition of the Code, and nothing recorded condemns it.
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.