If, at any time, the money deposited in the Recovery Account is insufficient to satisfy any authorized claim or portion thereof, the bureau shall, when sufficient money has been deposited in the Recovery Account, satisfy the unpaid claims or portions thereof, in the order that the claims were approved, plus accumulated interest at the rate of 4 percent a year.
Cal. Bus. & Prof. Code § 11418.3
Real Estate Appraisers Regulation Fund
Known as the Real Estate Appraisers’ Licensing and Certification Law
The act spans §§ 11300–11425 (97 sections).
Added by Stats. 2025, Ch. 786, Sec. 59
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.