Occupations Code §1704.253

(a) A board shall immediately suspend a license if the license holder fails to maintain the amount of security required by Section 1704.160 . A board is not required to provide notice or a hearing before suspending a license under this subsection. A license suspended under this subsection shall be immediately reinstated if the license holder deposits or executes the amount of security required by Section 1704.160 . (b) After notice and hearing as provided by Section 1704.254 , a board shall revoke a license if: (1) the license holder fails to pay a judgment in accordance with Section 1704.204 ; and (2) the amount of security maintained by the license holder under Section 1704.160 is insufficient to pay the judgment.