When the bureau has paid from the Recovery Account any sum to the judgment creditor, the bureau shall be subrogated to all of the rights of the judgment creditor and the judgment creditor shall assign all of their rights, titles, and interests in the judgment to the bureau, and any amount and interest recovered by the bureau on the judgment shall be deposited to the Recovery Account.
Cal. Bus. & Prof. Code § 11419.1
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. 62
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.