California Codes, Business and Professions Code - BPC, Division 3 — Professions and Vocations Generally, Chapter 7 — Professional Engineers, Article 4.5 — Reporting Requirements, Section 6770.2
(a) Within 30 days of payment of all or any portion of any civil action judgment, settlement, or binding arbitration award described in Section 6770 against a licensee of the board, any insurer providing professional liability insurance to that licensee shall report to the board the name of the licensee; the amount or value of the judgment, settlement, or binding arbitration award; the amount paid by the insurer; and the identity of the payee.
(b) Within 30 days of payment of all or any portion of any civil action judgment, settlement, or binding arbitration award described in Section 6770 against a licensee of the board, any state or local government agency that self-insures that licensee shall report to the board the name of the licensee; the amount or value of the judgment, settlement, or binding arbitration award; the amount paid; and the identity of the payee.
Notes
Requires a professional-liability insurer, within 30 days after paying any part of a covered civil judgment, settlement, or binding arbitration award against a board licensee, to report specified payment and party information to the board. Requires the same 30-day report from a state or local government agency that self-insures the licensee.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 6770.2 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-7/article-4-5/section-6770-2