All fees collected by the bureau shall be paid into the Professional Fiduciary Fund in the State Treasury, which is hereby created. The money in the fund shall be available to the bureau for expenditure for the purposes of this chapter only upon appropriation by the Legislature.
(Added by Stats. 2006, Ch. 491, Sec. 3. Effective January 1, 2007.)
The Professional Fiduciary Fund shall be the successor fund to those funds deposited under the Statewide Registry with the Department of Justice pursuant to Chapter 13 (commencing with Section 2850) of Part 4 of Division 4 of the Probate Code.
(Added by Stats. 2006, Ch. 491, Sec. 3. Effective January 1, 2007.)
(a) The fee for a professional fiduciary examination and reexamination shall be set by the bureau through regulation at the amount necessary to recover the actual costs to develop and administer the examination.
(b) The license fee to obtain a professional fiduciary license shall be set by the bureau.
(c) The renewal fee for a professional fiduciary license shall be set by the bureau.
(d) The bureau shall set the fee to designate a license status of “retired.”
(e) The fee to designate a
license status of “inactive” shall be set by the bureau.
(f) The bureau shall set the fee to reinstate a license to “active” from a status of “retired” or “inactive.”
(g) The bureau shall set the fees pursuant to subdivisions (b), (c), (d), (e), and (f) by regulation at an amount necessary to recover the reasonable costs to the bureau in carrying out those functions pursuant to this chapter.
(Amended by Stats. 2014, Ch. 336, Sec. 6. (AB 2024) Effective January 1, 2015.)