California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 3 — Licensing and Certification of Real Estate AppraisersChapter 7 — FeesSection 11406.5
The director shall, by regulation, establish the fees to be imposed on appraisal management companies. The fees shall be sufficient to cover the costs incurred by the bureau in administering the changes to this part made by the act adding this section.
Notes
Requires the director, by regulation, to establish fees imposed on appraisal management companies. Those fees must be sufficient to cover the bureau’s costs of administering the statutory changes made by the act that added this provision, tying the fee level to those administrative costs rather than stating a fixed dollar amount.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11406.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-7/section-11406-5