Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 11412.2 — Real Estate Appraisers Regulation Fund
Cal. Bus. & Prof. Code § 11412.2
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2026-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) In addition to the amount paid into the Recovery Account as set forth in Section 11411, the director may authorize a transfer from the Administration Account to the Recovery Account of any amount deemed necessary.
Citator
Cal. Bus. & Prof. Code § 11412.2 — Real Estate Appraisers Regulation Fund is in force in the current edition of the Code, and nothing recorded condemns it.
(a) In addition to the amount paid into the Recovery Account as set forth in Section 11411, the director may authorize a transfer from the Administration Account to the Recovery Account of any amount deemed necessary.
(b) If the balance remaining in the Recovery Account contains more than four hundred thousand dollars ($400,000), the director may authorize the transfer of all or part of the surplus amount to the Administration Account.
(c) The director may authorize the return to the Recovery Account of all or any amount previously transferred to the Administration Account under this section.