Cal. Bus. & Prof. Code § 11411

Current through the 2023 Legislative Session.
Section 11411 - Separate accounts

There shall be separate accounts in the Real Estate Appraisers Regulation Fund for purposes of administration and for purposes of recovery. These accounts shall be known respectively as the Administration Account and the Recovery Account. On and after January 1, 2003, 5 percent of the amount of any license or certificate fee collected under this part shall be credited to the Recovery Account. The Recovery Account is a continuing appropriation for carrying out this chapter.

Ca. Bus. and Prof'l. Code § 11411

Amended 10/10/1999 (Bill Number: AB 431) (Chapter 974).