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2020 California Code
Business and Professions Code - BPC
DIVISION 4 - REAL ESTATE
PART 1 - LICENSING OF PERSONS
CHAPTER 6.5 - Real Estate Recovery Program
Section 10479.
Universal Citation: CA Bus & Prof Code § 10479 (2020)
10479.
When, the commissioner has paid from the Consumer Recovery Account any sum to the judgment creditor, the commissioner shall be subrogated to all of the rights of the judgment creditor and the judgment creditor shall assign all of his or her right, title, and interest in the judgment to the commissioner and any amount and interest so recovered by the commissioner on the judgment shall be deposited to the Consumer Recovery Account.
(Amended by Stats. 2011, Ch. 712, Sec. 31. (SB 706) Effective January 1, 2012.)
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