§ 858.5. Blanket Performance and Payment Bond Audit Authorization and Procedures.
16 CA ADC § 858.5Barclays Official California Code of Regulations
16 CCR § 858.5
§ 858.5. Blanket Performance and Payment Bond Audit Authorization and Procedures.
(1) The Registrar shall provide a licensee with not less than 30 days written notification that an audit is to be conducted pursuant to this section. The notice shall specify the period to be covered by the audit and set a date for the audit to begin. The audit period shall not exceed the period that is specified for the retention of licensee records under Section 7111 of the Code. Delivery of the notice shall be by certified mail to the current business address of record listed on the license record. Upon written request, the Registrar may grant the licensee an additional 30 days to prepare for the audit.
Credits
Note: Authority cited: Section 7008, Business and Professions Code. Reference: Sections 7111 and 7159.5, Business and Professions Code.
History
1. New section filed 11-22-2011; operative 12-22-2011 (Register 2011, No. 47).
This database is current through 5/26/23 Register 2023, No. 21.
Cal. Admin. Code tit. 16, § 858.5, 16 CA ADC § 858.5
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