California Statutes
§ 10473.1. — 10473.1. (Amended by Stats. 2025, Ch. 786, Sec. 29.)
California·Code BPC Business and Professions Code - BPC·Div. 4. DIVISION 4. REAL ESTATE·Part 1. PART 1. LICENSING OF PERSONS·Ch. 6.5. CHAPTER 6.5. Real Estate Recovery Program
The judgment debtor may defend an action against the Consumer Recovery Account on their own behalf and shall have recourse to all appropriate means of defense and review, including examination of witnesses. All matters, including, but not limited to, the issues of fraud, misrepresentation, deceit, or conversion of trust funds, finally adjudicated in the underlying action are conclusive as to the judgment debtor and the applicant in the proceeding against the Consumer Recovery Account, if the final judgment was established by proof by clear and convincing evidence or the commissioner determined that the applicant provided clear and convincing evidence of the judgment debtor’s fraud, misrepresentation, deceit, or conversion of trust
funds.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 10473.1. (10473.1. (Amended by Stats. 2025, Ch. 786, Sec. 29.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2025, Ch. 786, Sec. 29. (SB 774) Effective January 1, 2026.