Business and Professions Code section 10476


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.

Source: Section 10476, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=10476.­ (updated Jan. 1, 2012; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 10476's source at ca​.gov