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2018 California Code
Business and Professions Code - BPC
DIVISION 3 - PROFESSIONS AND VOCATIONS GENERALLY
CHAPTER 1 - Accountants
ARTICLE 3.5 - Standards of Professional Conduct
Section 5063.2.
Universal Citation: CA Bus & Prof Code § 5063.2 (2018)
5063.2.
Within 30 days of payment of all or any portion of any civil action settlement or arbitration award against a licensee of the board in which the amount or value of the settlement or arbitration award is thirty thousand dollars ($30,000) or greater, any insurer or licensed surplus broker providing professional liability insurance to that licensee shall report to the board the name of the licensee, the amount or value of the settlement or arbitration award, the amount paid by the insurer or licensed surplus broker, and the identity of the payee.
(Added by Stats. 2002, Ch. 231, Sec. 8. Effective January 1, 2003.)
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