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.
Cal. Bus. & Prof. Code § 10476
Real Estate Recovery Program
Known as the Real Estate Law
The act spans §§ 10000–10580 (368 sections).
Amended by Stats. 2011, Ch. 712, Sec. 29
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.