Legislation signed by
Governor Arnold Schwarzenegger revised the LATC's existing
statute regarding the reporting of settlements and arbitration
awards. Assembly Bill 2256, Chapter 564, by the Assembly
Committee on Business and Professions became effective
on January 1, 2007.
The law now requires, "a licensee shall report
to the board in writing within 30 days of the date the
licensee has knowledge of any civil action judgment,
settlement, arbitration award, or administrative action
resulting in a judgment, settlement, or arbitration
award against the licensee in any action alleging fraud,
deceit, negligence, incompetence, or recklessness by
the licensee in the practice of landscape architecture
if the amount or value of the judgment, settlement,
or arbitration award is five thousand dollars ($5,000)
or greater."
Reports must be sent to the LATC within 30 days of the
landscape architect having knowledge of the triggering
event (e.g., settlement). Below are links to view the
language and obtain a reporting form.
Frequently
Asked Questions - Settlement Reporting Statute (pdf)
Business
and Professions Code 5678 - 5678.4 (pdf)
Report
of Settlement or Arbitration Award Form (pdf)
|