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Cal. Bus. & Prof. Code § 11417.2

Real Estate Appraisers Regulation Fund

Known as the Real Estate Appraisers’ Licensing and Certification Law

The act spans §§ 11300–11425 (97 sections).

Added by Stats. 2025, Ch. 786, Sec. 50

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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.