Cal. Code Regs. Tit. 10, § 2961 - Grounds for Issuing an Order of Suspension or Debarment
An order of suspension or debarment pursuant to Section 10087 may be based upon a finding by the Commissioner of one or more of the following grounds:
(a) The suspension or bar is
in the public interest and the person subject to suspension or bar has
committed or caused a violation of Division 4 (Sections 10000 through 11288) of
the Code or a rule or order of the Commissioner and the violation was known or
should have been known by the person committing or causing the
violation.
(b) The suspension or
bar is in the public interest and the person subject to suspension or bar has
committed or caused a violation of Division 4 (Sections 10000 through 11288) of
the Code or a rule or order of the Commissioner and the violation has caused
material damage to the public.
(c)
The person subject to suspension or bar has been convicted of or pleaded nolo
contendere to any crime involving dishonesty, fraud, or deceit, or any other
crime reasonably related to the qualifications, functions, or duties of a
person engaged in the real estate business.
(d) The person subject to suspension or bar
has been held liable in any civil action by final judgment, or any
administrative judgment by any public agency, if that civil or administrative
judgment involved any offense involving dishonesty, fraud, or deceit, or any
other offense reasonably related to the qualifications, functions, or duties of
a person engaged in the real estate business.
Notes
Note: Authority cited: Section 10080, Business and Professions Code. Reference: Section 10087, Business and Professions Code.
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