Cal. Bus. & Prof. Code § 10476

Current through the 2023 Legislative Session.
Section 10476 - Insufficient funds

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.

Ca. Bus. and Prof'l. Code § 10476

Amended by Stats 2011 ch 712 (SB 706),s 29, eff. 1/1/2012.