California Statutes

§ 11232. — 11232. (Amended by Stats. 2024, Ch. 41, Sec. 18.)

California·Code BPC Business and Professions Code - BPC·Div. 4. DIVISION 4. REAL ESTATE·Part 2. PART 2. REGULATION OF TRANSACTIONS·Ch. 2. CHAPTER 2. The Vacation Ownership and Time-Share Act of 2004·Art. 2. ARTICLE 2. Registration, Sale Requirements, and Fees
(a)The commissioner may by regulation prescribe filing fees in connection with applications to the Department of Real Estate for a public report pursuant to the provisions of this chapter that are lower than the maximum fees specified in subdivision (b) if the commissioner determines that the lower fees are sufficient to offset the costs and expenses incurred in the administration of this chapter. The commissioner shall hold at least one hearing each calendar year to determine if lower fees than those specified in subdivision (b) should be prescribed. At this hearing, the department shall report on the financial status of the department, including the revenues, expenditures, and reserves as of the end of the previous fiscal year. The department shall post a hearing notice 15 days in advan

Free access — add to your briefcase to read the full text and ask questions with AI

California § 11232. (11232. (Amended by Stats. 2024, Ch. 41, Sec. 18.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2024, Ch. 41, Sec. 18. (SB 164) Effective June 29, 2024.
View on official source ↗