Earlier editions: 2020-112018-11
DIVISION 4. REAL ESTATE 10000-11506›PART 3. LICENSING AND CERTIFICATION OF REAL ESTATE APPRAISERS 11300-11425›CHAPTER 8. Real Estate Appraisers Regulation Fund 11410-11420
§ 11417.7
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
The judgment debtor may defend an action against the Recovery Account on their own behalf and shall have recourse to all appropriate means of defense and review, including examination of witnesses. All matters relating to the issues of fraud, misrepresentation, or deceit with intent to defraud finally adjudicated in the underlying action are conclusive as to the judgment debtor and the applicant in the proceeding against the Recovery Account, if the final judgment was established by proof by clear and convincing evidence or the bureau determined that the applicant provided clear and convincing evidence of the judgment debtor’s fraud, misrepresentation, or deceit with intent to defraud.
(Added by Stats. 2025, Ch. 786, Sec. 55. (SB 774) Effective January 1, 2026. Repealed as of January 1, 2030, pursuant to Section 11420.)
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