California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 3 — Licensing and Certification of Real Estate AppraisersChapter 8 — Real Estate Appraisers Regulation FundSection 11417.2

If, at any time prior to the rendering of a decision on an application, the bureau 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 11418, the bureau shall, in lieu of further administrative proceedings, initiate a proration proceeding pursuant to Section 11418.1 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 11417.

Notes

Requires the bureau, before deciding a Recovery Account application, to initiate a superior-court proration proceeding instead of continuing administrative proceedings when it preliminarily determines that aggregate valid applications against the licensee are likely to exceed the applicable liability limits. The proceeding may be filed in any county that would be proper for the specified denied-application or mandamus action.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 11417.2 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-8/section-11417-2

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