Section 2907.4 - Time for Payment of Administrative Fine for Citation(a) An administrative fine assessed pursuant to Section 10080.9 of the Business and Professions Code must be submitted to the Bureau by the deadline for payment stated on the citation or, if the citation is appealed, no later than 30 calendar days after (1) the date of receipt of notice following a citation review conference, if such review conference is requested, or (2) the date of adoption of the decision following a formal hearing, if such hearing is requested. Failure to complete payment within this time may result in further action as specified by Section 10080.9(f) of the Code, including the denial of renewal of a real estate license and/or mortgage loan originator license endorsement, and shall be grounds for further discipline under Section 10177(d) of the Code.(b) In no event may a real estate license or mortgage loan originator license endorsement be issued, following application, to a person whose fine remains outstanding or who has not complied with the terms of the citation.Cal. Code Regs. Tit. 10, § 2907.4
1. New section filed 4-21-2014; operative 7-1-2014 (Register 2014, No. 17). Note: Authority cited: Section 10080, Business and Professions Code. Reference: Sections 10080.9(f) and 10177(d), Business and Professions Code.
1. New section filed 4-21-2014; operative 7-1-2014 (Register 2014, No. 17).