Bus. & Prof. Code, § 11418.3 · Chapter 8. Real Estate Appraisers Regulation Fund
Bus. & Prof. Code, § 11418.3
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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.
Notes and commentary — not statutory text
History
Added by Stats. 2025, Ch. 786, Sec. 59. (SB 774) Effective January 1, 2026. Repealed as of January 1, 2030, pursuant to Section 11420.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=11418.3.
- Text hash
- sha256 1195d1cfc043bd7b197beed0dab7e35651cd4752b9eac803d6d0c7c96224b6e8
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.