§ 2962. Effect of Receipt of Notice of Intention to Issue Order.

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A person who is the subject of a notice of intention to issue an order of suspension or debarment under Section 10087 of the Business and Professions Code is, immediately upon receipt of the notice, prohibited from engaging in any business activity involving real estate, within the State of California, that is subject to regulation under Division 4 (Sections 10000 through 11288) of the Code. This prohibition is subject to no exceptions. The prohibition will remain in place until lifted via due process or until the expiration of the period of time set out in the subsequent suspension or bar order.

HISTORY

1. New section filed 9-26-2011; operative 10-26-2011 (Register 2011, No. 39).

Note

Note: Authority cited: Section 10080, Business and Professions Code. Reference: Section 10087, Business and Professions Code.

                    
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