California Statutes
§ 11411. — 11411. (Amended by Stats. 2025, Ch. 786, Sec. 33.)
California·Code BPC Business and Professions Code - BPC·Div. 4. DIVISION 4. REAL ESTATE·Part 3. PART 3. LICENSING AND CERTIFICATION OF REAL ESTATE APPRAISERS·Ch. 8. CHAPTER 8. Real Estate Appraisers Regulation Fund
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.
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California § 11411. (11411. (Amended by Stats. 2025, Ch. 786, Sec. 33.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2025, Ch. 786, Sec. 33. (SB 774) Effective January 1, 2026. Repealed as of January 1, 2030, pursuant to Section 11420.