California Business and Professions Code 7135 – (a) The fees and civil penalties received under this chapter …
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(a) The fees and civil penalties received under this chapter shall be deposited in the Contractors License Fund. All moneys in the fund are hereby appropriated for the purposes of this chapter.
(b) It is the intent of the Legislature that the board shall use moneys appropriated from the fund to improve its administrative and investigative oversight activities and capacity.
Terms Used In California Business and Professions Code 7135
- board: means any entity listed in Section 101, the entities referred to in Sections 1000 and 3600, the State Bar, the Department of Real Estate, and any other state agency that issues a license, certificate, or registration authorizing a person to engage in a business or profession. See California Business and Professions Code 31
- license: means license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Section 1000 or 3600. See California Business and Professions Code 23.7
- Oversight: Committee review of the activities of a Federal agency or program.
(Amended by Stats. 2020, Ch. 312, Sec. 64. (SB 1474) Effective January 1, 2021.)