California Department Of Real Estate
The Lieutenant Governor in Council could, by order, direct that a quantity of provisions of the Business Corporations Act apply to the compensation fund company. The insurance coverage corporation might invest any a half of the insurance coverage fund, not presently required for disposition, as permitted underneath the provisions of the Trustee Act respecting the investment of trust property by a trustee. If a licensee has not paid an amount referred to in subsection on or earlier than the time set for cost, the licensee’s licence is suspended as of the following day. Require the individual to pay an additional penalty as a lot as the amount of the remuneration accepted by the individual for the real estate services in respect of which the contravention occurred. On an software beneath this section, the court might make an order for fee of the money into court docket, and fee into court …
Read More