California § 11417.7. 11417.7. (Added by Stats. 2025, Ch. 786, Sec. 55.)

California Statutes

§ 11417.7. — 11417.7. (Added by Stats. 2025, Ch. 786, Sec. 55.)

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

The judgment debtor may defend an action against the Recovery Account on their own behalf and shall have recourse to all appropriate means of defense and review, including examination of witnesses. All matters relating to the issues of fraud, misrepresentation, or deceit with intent to defraud finally adjudicated in the underlying action are conclusive as to the judgment debtor and the applicant in the proceeding against the Recovery Account, if the final judgment was established by proof by clear and convincing evidence or the bureau determined that the applicant provided clear and convincing evidence of the judgment debtor’s fraud, misrepresentation, or deceit with intent to defraud.

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The judgment debtor may defend an action against the Recovery Account on their own behalf and shall have recourse to all appropriate means of defense and review, including examination of witnesses. All matters relating to the issues of fraud, misrepresentation, or deceit with intent to defraud finally adjudicated in the underlying action are conclusive as to the judgment debtor and the applicant in the proceeding against the Recovery Account, if the final judgment was established by proof by clear and convincing evidence or the bureau determined that the applicant provided clear and convincing evidence of the judgment debtor’s fraud, misrepresentation, or deceit with intent to defraud.

California § 11417.7. (11417.7. (Added by Stats. 2025, Ch. 786, Sec. 55.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.