Idaho Code § 54-2075

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 54-2075 - ORDER OF PAYMENT OF CLAIMS IF RECOVERY FUND BALANCE INSUFFICIENT - INTEREST

If, at any time, the money deposited in the recovery fund and allotted for satisfying claims against licensees is insufficient to satisfy any authorized claim or portion thereof, the commission shall, when sufficient money has been deposited in the recovery fund, satisfy such unpaid claims or portions thereof, in the order that such claims or portions thereof were originally filed, plus accumulated interest at the rate of eleven percent (11%) per annum.

Idaho Code § 54-2075

[54-2075, added 2000, ch. 285, sec. 3, p. 951.]