California Statutes

§ 5063.2. — 5063.2. (Added by Stats. 2002, Ch. 231, Sec. 8.)

California·Code BPC Business and Professions Code - BPC·Div. 3. DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY·Ch. 1. CHAPTER 1. Accountants·Art. 3.5. ARTICLE 3.5. Standards of Professional Conduct
Within 30 days of payment of all or any portion of any civil action settlement or arbitration award against a licensee of the board in which the amount or value of the settlement or arbitration award is thirty thousand dollars ($30,000) or greater, any insurer or licensed surplus broker providing professional liability insurance to that licensee shall report to the board the name of the licensee, the amount or value of the settlement or arbitration award, the amount paid by the insurer or licensed surplus broker, and the identity of the payee.

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California § 5063.2. (5063.2. (Added by Stats. 2002, Ch. 231, Sec. 8.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2002, Ch. 231, Sec. 8. Effective January 1, 2003.

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