California § 10236.5. 10236.5. (Added by Stats. 1997, Ch. 540, Sec. 5.)

California Statutes

§ 10236.5. — 10236.5. (Added by Stats. 1997, Ch. 540, Sec. 5.)

California § 10236.5.

JurisdictionCalifornia

Code BPCBusiness and Professions Code - BPC

Div. 4.DIVISION 4. REAL ESTATE

Part 1.PART 1. LICENSING OF PERSONS

Ch. 3.CHAPTER 3. Real Estate Regulations

Art. 5.ARTICLE 5. Transactions in Trust Deeds and Real Property Sales Contracts

This text of California § 10236.5. (10236.5. (Added by Stats. 1997, Ch. 540, Sec. 5.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 10236.5. (2026).

Text

A real estate broker shall notify the department when he or she is no longer servicing or arranging loans subject to the reporting requirements of Section 10232.  If a broker has already made reports required by this article within the year, he or she shall continue reports for that year, but shall notify the department prior to the expiration of that year that he or she will no longer be servicing or arranging loans for which reports are required.  The department’s records, including those which may be disclosed by calling the license information telephone number of the department, may then be appropriately updated.

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A real estate broker shall notify the department when he or she is no longer servicing or arranging loans subject to the reporting requirements of Section 10232. If a broker has already made reports required by this article within the year, he or she shall continue reports for that year, but shall notify the department prior to the expiration of that year that he or she will no longer be servicing or arranging loans for which reports are required. The department’s records, including those which may be disclosed by calling the license information telephone number of the department, may then be appropriately updated.