Earlier editions: 2020-112018-11
DIVISION 4. REAL ESTATE 10000-11506›PART 1. LICENSING OF PERSONS 10000-10580›CHAPTER 6.5. Real Estate Recovery Program 10470-10481
§ 10471.6
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
If, at any time prior to the rendering of a decision on an application, the commissioner 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 10474, the commissioner shall, in lieu of further administrative proceedings, initiate a proration proceeding pursuant to Section 10474.5 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 10471.5.
(Amended by Stats. 2001, Ch. 389, Sec. 7. Effective January 1, 2002.)
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