Article 7. Disciplinary Proceedings - California Business and Professions Code Section 7108

7108.  Diversion of funds or property received for prosecution or
completion of a specific construction project or operation, or for a
specified purpose in the prosecution or completion of any
construction project or operation, or failure substantially to
account for the application or use of such funds or property on the
construction project or operation for which such funds or property
were received constitutes a cause for disciplinary action.

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Last modified: February 16, 2015