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2019 California Code
Business and Professions Code - BPC
DIVISION 4 - REAL ESTATE
PART 1 - LICENSING OF PERSONS
CHAPTER 6.5 - Real Estate Recovery Program
Section 10476.
Universal Citation: CA Bus & Prof Code § 10476 (2019)
10476.
If, at any time, the money deposited in the Consumer Recovery Account is insufficient to satisfy any duly authorized claim or portion thereof, the commissioner shall, when sufficient money has been deposited in the Consumer Recovery Account, satisfy the unpaid claims or portions thereof, in the order that the claims or portions thereof were originally filed, plus accumulated interest at the rate of 4 percent a year.
(Amended by Stats. 2011, Ch. 712, Sec. 29. (SB 706) Effective January 1, 2012.)
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