California § 11417.2. 11417.2. (Added by Stats. 2025, Ch. 786, Sec. 50.)

California Statutes

§ 11417.2. — 11417.2. (Added by Stats. 2025, Ch. 786, Sec. 50.)

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

If, at any time prior to the rendering of a decision on an application, the bureau makes a preliminary determination that the aggregate valid applications of all aggrieved persons against that licensee are likely to exceed the limits of liability in Section 11418, the bureau shall, in lieu of further administrative proceedings, initiate a proration proceeding pursuant to Section 11418.1 in a superior court of any county in this state that would be a proper court for the filing of a denied application or writ of mandamus pursuant to Section 11417.

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If, at any time prior to the rendering of a decision on an application, the bureau makes a preliminary determination that the aggregate valid applications of all aggrieved persons against that licensee are likely to exceed the limits of liability in Section 11418, the bureau shall, in lieu of further administrative proceedings, initiate a proration proceeding pursuant to Section 11418.1 in a superior court of any county in this state that would be a proper court for the filing of a denied application or writ of mandamus pursuant to Section 11417.

California § 11417.2. (11417.2. (Added by Stats. 2025, Ch. 786, Sec. 50.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.