Bus. & Prof. Code, § 11345.2 · Chapter 4. Licenses and Certification Application
Bus. & Prof. Code, § 11345.2
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) An individual shall not act as a controlling person for a registrant if any of the following apply:
(1) The individual has entered a plea of guilty or no contest to, or been convicted of, a felony. If the individual’s felony conviction has been dismissed pursuant to Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code, the bureau may allow the individual to act as a controlling person.
(2) The individual has had a license or certificate to act as an appraiser or to engage in activities related to the transfer of real property refused, denied, canceled, or revoked in this state or any other state.
(b) Any individual who acts as a controlling person of an appraisal management company and who enters a plea of guilty or no contest to, or is convicted of, a felony, or who has a license or certificate as an appraiser refused, denied, canceled, or revoked in any other state shall report that fact or cause that fact to be reported to the bureau, in writing, within 10 days of the date the individual has knowledge of that fact.
(c) This section shall become operative on July 1, 2020.
Notes and commentary — not statutory text
History
Amended by Stats. 2021, Ch. 431, Sec. 50. (SB 800) Effective January 1, 2022.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=11345.2.
- Text hash
- sha256 a485400cc4a62177ce9d8d5c623ad242d1d9bda25840300bdf14c6f3356700ac
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Penal Code
- Pen. Code, § 1203.4Printed as Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code
- Pen. Code, § 1203.4aPrinted as Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code
- Pen. Code, § 1203.41Printed as Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code
- Pen. Code, § 1203.42Printed as Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code
- Pen. Code, § 1203.425Printed as Section 1203.4, 1203.4a, 1203.41, 1203.42, or 1203.425 of the Penal Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.